Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Management & Strategy

TIBCO Completes $130 Million Acquisition of LogLogic

It’s a done deal. TIBCO Software, a publicly traded (NASDAQ: TIBX) provider of infrastructure software solutions, today said that it has completed the acquisition of San Jose California-based LogLogic, a provider of and log management and security intelligence solutions.

It’s a done deal. TIBCO Software, a publicly traded (NASDAQ: TIBX) provider of infrastructure software solutions, today said that it has completed the acquisition of San Jose California-based LogLogic, a provider of and log management and security intelligence solutions.

The planned acquisition was first announced on April 4, 2012, and just over a week later the transaction has closed. The terms of the transaction were previously undisclosed, but TIBCO today said that the consideration paid to acquire LogLogic was approximately $130 million.

The company said that it would provide additional details on LogLogic’s product integration with other key elements of TIBCO’s event-driven software platform at a later date.

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is founder and director of several leading cybersecurity industry conferences around the world.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

Explore how attackers are using AI to scale threats and how security teams can respond with AI-driven defenses. Protecting against unmonitored use of generative AI (Shadow AI) in business units and building and enforcing AI governance frameworks.

Register

People on the Move

Rapid7 announced that Wael Mohamed will assume the role of Chief Executive Officer, replacing current Chief Executive Officer Corey Thomas, who will become Executive Chairman of the Board.

Anurag Jain has been appointed Senior Vice President of Engineering at CodeHunter.

CTERA has appointed Tal Sarfaty as Senior Vice President of Cybersecurity.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.