Splunk to Acquire Phantom

$350 million deal scheduled to close Q1 2018.

Splunk plans to purchase security orchestration and automation pioneer Phanton Cyber Corp. for $350 million in cash and stock, the data analytics company said today.
Phantoms security orchestration, automation, and response (SOAR) technology will be integrated with Splunks big data analytics platform as a way to streamline incident response in security operations centers. Oliver Friedrichs, founder and CEO of Phantom, will report to Splunks senior vice president and general manager of security markets Haiyan Song.
The acquisition is scheduled to close in the first half of this year, subject to regulatory and other closing conditions.
Phantom’s employees and technology significantly expand and strengthen Splunks vision for the security nerve center and for business revolution through IT, Doug Merritt, Splunk president and CEO said in a statement. Splunk is committed to continuously pushing the limits of technology to help our customers get the answers they need from their data. I am very excited to reach this definitive agreement with Phantom and look forward to welcoming the team to Splunk.
Read more about the acquisition
here
.

Black Hat Asia returns to Singapore with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier solutions and service providers in the Business Hall. Click for information on the
conference
and
to register.

Last News
▸ Senate wants changes to cybercrime law. ◂ Discovered: 23/12/2024 Category: security	▸ Car Sector Speeds Up In Security. ◂ Discovered: 23/12/2024 Category: security	▸ Making use of a homemade Android army ◂ Discovered: 23/12/2024 Category: security

**Cyber Security Categories**
Google Dorks Database	Exploits Vulnerability	Exploit Shellcodes

CVE List

Tools/Apps

News/Aarticles

Phishing Database

Deepfake Detection

Trends/Statistics & Live Infos

Tags:
Splunk to Acquire Phantom