Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

5/31/2018
03:35 PM
50%
50%

Thoma Bravo Acquires Majority Stake in LogRhythm

The SIEM vendor sells stake to private equity firm.

SIEM vendor LogRhythm today announced that it has entered into an agreement for a majority stake of the company to be acquired by private equity firm Thoma Bravo. Financial details of the deal were not disclosed.

LogRhythm, a 15-year-old vendor of security information and event management systems, has more than 2,500 global customers. The purchase, expected to close in the third quarter of 2018, is intended to support future operational and product development plans.

In the statement announcing the purchase, LogRhythm's chairman, president, and CEO, Andy Grolnick, described the step as an exciting strategic step forward for the company.

Read more here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
5/31/2018 | 10:50:32 PM
Financial Disclosure
It will be interesting once the finances eventually become disclosed what they will be for an acquisition of this type.
Sodinokibi Ransomware: Where Attackers' Money Goes
Kelly Sheridan, Staff Editor, Dark Reading,  10/15/2019
Data Privacy Protections for the Most Vulnerable -- Children
Dimitri Sirota, Founder & CEO of BigID,  10/17/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
2019 Online Malware and Threats
2019 Online Malware and Threats
As cyberattacks become more frequent and more sophisticated, enterprise security teams are under unprecedented pressure to respond. Is your organization ready?
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-13545
PUBLISHED: 2019-10-18
In Horner Automation Cscape 9.90 and prior, improper validation of data may cause the system to write outside the intended buffer area, which may allow arbitrary code execution.
CVE-2019-13541
PUBLISHED: 2019-10-18
In Horner Automation Cscape 9.90 and prior, an improper input validation vulnerability has been identified that may be exploited by processing files lacking user input validation. This may allow an attacker to access information and remotely execute arbitrary code.
CVE-2019-17367
PUBLISHED: 2019-10-18
OpenWRT firmware version 18.06.4 is vulnerable to CSRF via wireless/radio0.network1, wireless/radio1.network1, firewall, firewall/zones, firewall/forwards, firewall/rules, network/wan, network/wan6, or network/lan under /cgi-bin/luci/admin/network/.
CVE-2019-17393
PUBLISHED: 2019-10-18
The Customer's Tomedo Server in Version 1.7.3 communicates to the Vendor Tomedo Server via HTTP (in cleartext) that can be sniffed by unauthorized actors. Basic authentication is used for the authentication, making it possible to base64 decode the sniffed credentials and discover the username and pa...
CVE-2019-17526
PUBLISHED: 2019-10-18
** DISPUTED ** An issue was discovered in SageMath Sage Cell Server through 2019-10-05. Python Code Injection can occur in the context of an internet facing web application. Malicious actors can execute arbitrary commands on the underlying operating system, as demonstrated by an __import__('os').pop...