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.
New Free Tool Scans for Chrome Extension Safety
Dark Reading Staff 2/21/2019
Making the Case for a Cybersecurity Moon Shot
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  2/19/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
How Enterprises Are Attacking the Cybersecurity Problem
How Enterprises Are Attacking the Cybersecurity Problem
Data breach fears and the need to comply with regulations such as GDPR are two major drivers increased spending on security products and technologies. But other factors are contributing to the trend as well. Find out more about how enterprises are attacking the cybersecurity problem by reading our report today.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-6485
PUBLISHED: 2019-02-22
Citrix NetScaler Gateway 12.1 before build 50.31, 12.0 before build 60.9, 11.1 before build 60.14, 11.0 before build 72.17, and 10.5 before build 69.5 and Application Delivery Controller (ADC) 12.1 before build 50.31, 12.0 before build 60.9, 11.1 before build 60.14, 11.0 before build 72.17, and 10.5...
CVE-2019-9020
PUBLISHED: 2019-02-22
An issue was discovered in PHP before 5.6.40, 7.x before 7.1.26, 7.2.x before 7.2.14, and 7.3.x before 7.3.1. Invalid input to the function xmlrpc_decode() can lead to an invalid memory access (heap out of bounds read or read after free). This is related to xml_elem_parse_buf in ext/xmlrpc/libxmlrpc...
CVE-2019-9021
PUBLISHED: 2019-02-22
An issue was discovered in PHP before 5.6.40, 7.x before 7.1.26, 7.2.x before 7.2.14, and 7.3.x before 7.3.1. A heap-based buffer over-read in PHAR reading functions in the PHAR extension may allow an attacker to read allocated or unallocated memory past the actual data when trying to parse the file...
CVE-2019-9022
PUBLISHED: 2019-02-22
An issue was discovered in PHP 7.x before 7.1.26, 7.2.x before 7.2.14, and 7.3.x before 7.3.2. dns_get_record misparses a DNS response, which can allow a hostile DNS server to cause PHP to misuse memcpy, leading to read operations going past the buffer allocated for DNS data. This affects php_parser...
CVE-2019-9023
PUBLISHED: 2019-02-22
An issue was discovered in PHP before 5.6.40, 7.x before 7.1.26, 7.2.x before 7.2.14, and 7.3.x before 7.3.1. A number of heap-based buffer over-read instances are present in mbstring regular expression functions when supplied with invalid multibyte data. These occur in ext/mbstring/oniguruma/regcom...