M&A Deal Summary

LogRythm Acquires Exabeam

On May 15, 2024, LogRythm acquired information technology company Exabeam

Acquisition Highlights
  • This is LogRythm’s 1st transaction in the Information Technology sector.
  • This is LogRythm’s 2nd transaction in the United States.
  • This is LogRythm’s 2nd transaction in California.

M&A Deal Summary

Date 2024-05-15
Target Exabeam
Sector Information Technology
Buyer(s) LogRythm
Deal Type Merger
Advisor(s) J.P. Morgan Securities (Financial)
Goodwin Procter (Legal)

Target

Exabeam

San Mateo, California, United States
Exabeam is a global cybersecurity that delivers AI-driven security operations. Exabeam's Security Operations Platform includes cloud-scale security log management and SIEM, powerful behavioral analytics, and automated threat detection, investigation, and response (TDIR). Its cloud-native product portfolio helps organizations detect threats, defend against cyberattacks, and defeat adversaries. Exabeam was founded in 2013 and is based in San Mateo, California.

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Buyer(S) 1

Buyer

LogRythm

Boulder, Colorado, United States

Category Company
Founded 2003
Sector Software
DESCRIPTION

LogRythm is a provider of cyber threat defense, detection and response solutions provider. LogRythm was founded in 2003 and is based in Boulder, Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-13 MistNet

Mountain View, California, United States

MistNet is a cloud-based analytics platform that delivers vast network visibility and accurate threat detection. MistNet focuses on securing complex enterprise environments by developing disruptive technology using cloud-based distributed AI and mist computing technology to dramatically improve threat detection and significantly reduce false positives. MistNet was founded in 2016 and is based in Mountain View, California.

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