Woodridge, IL, USA — Great White Shark Opening Mouth — Image by © Denis Scott/Corbis
Big Data outfit Splunk has bought cybersecurity specialist Phantom as part of its move to become an “analytics-driven security company”.
Splunk wrote a £254 million cheque for Phantom, which focuses on security orchestration, automation and response (SOAR).
Its founder and CEO Oliver Friedrichs will stay on and report to Haiyan Song, Splunk’s general manager of security markets.
Friedrichs said that he and Sourabh Satish founded Phantom to give Security Operations Center analysts the edge over their adversaries, a way to automatically and quickly resolve threats.
“Combining SOAR with the industry’s leading big-data platform is a revolutionary advance for security and IT teams and will further cut down the time it takes them to eliminate threats and keep the business running. We are thrilled to empower Splunk customers to solve these important challenges.”
Splunk’s CEO Doug Merritt said: “Phantom’s employees and technology significantly expand and strengthen Splunk’s vision for the security nerve centre and business revolution through IT. Splunk is committed to continue pushing the limits of technology to help our customers get the answers they need from their data.”
Splunk has been building up its channel profile and pushed its “partner-first” policy.
