SAN FRANCISCO – August 21, 2019 – Splunk Inc. (NASDAQ: SPLK), delivering actions and outcomes from the world of data, today announced a definitive agreement to acquire SignalFx, a SaaS … SAN FRANCISCO – February 27, 2018 – Splunk Inc. (NASDAQ: SPLK), first in delivering “aha” moments from machine data, today announced a definitive agreement to acquire Phantom Cyber Corporation, a leader in Security Orchestration, Automation and Response (SOAR). The combination will help SecOps teams to: Once integrated with the Splunk platform, IT teams will be able to leverage these automation capabilities to help solve automation challenges in a widening range of use cases, including Artificial Intelligence for IT Operations (AIOps). That deal came several months after Splunk's $350 million purchase of Phantom, makers of a security orchestration platform. 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The future is increasingly looking automated for the machine data cruncher Splunk as customers look to ease the burden on analysts grappling with higher alert volumes, and since the acquisition of Phantom in February last year, Splunk has been busy folding the startup's automat… According to Gartner**, “By 2022, 40% of all large enterprises will combine big data and machine learning functionality to support and partially replace monitoring, service desk and automation processes and tasks, up from 5 percent today.”. “Phantom’s employees and technology significantly expand and strengthen Splunk’s vision for the security nerve center and for business revolution through IT,” said Doug Merritt, President and CEO, Splunk. Big data analyzation platform company Splunk announced Tuesday that it will acquire security automation and orchestration company Phantom Cybersecurity in a deal worth $350 million. Phantom's expertise is in the security orchestration, automation and response (SOAR) space, … Early this morning, I received news that Splunk intends to acquire Phantom Cyber Corporation for $350 million. Splunk has completed its $350 million acquisition of Phantom Cyber, a pioneer in SOAR (security orchestration, automation, and response). The … Before the SignalFx deal, Splunk's largest acquisition was the 2018 acquisition of Phantom for $350 million. Splunk Inc. (NASDAQ: SPLK) turns machine data into answers. I am very excited to reach this definitive agreement with Phantom and look forward to welcoming the team to Splunk.”, “Sourabh Satish and I founded Phantom to give SOC analysts a powerful advantage over their adversaries, a way to automatically and quickly resolve threats,” said Oliver Friedrichs, Founder and CEO, Phantom. The aggregate purchase price for the transaction was approximately $350 million, excluding working capital and other adjustments, paid in cash and restricted common stock. It now … The Phantom App for Splunk is a Splunkbase app that is installed in Splunk and connects Splunk to Phantom. T oday marks the beginning of an exciting new chapter for Phantom. Total equity consideration plus Phantom employee retention incentives will result in less than one percent total dilution from this transaction,” said Dave Conte, chief financial officer, Splunk. © 2018 Splunk Inc. All rights reserved. Splunk, which produces software for searching, monitoring, and analyzing machine-generated big data, closed the acquisition of Phantom … According to Gartner*, “By year-end 2020, 15% of organizations with a security team larger than five people will leverage SOAR tools for orchestration and automation reasons, up from less than 1% today.”. Splunk has acquired in 4 different US states, and 3 … Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. (SOAR). SAN FRANCISCO -- (BUSINESS WIRE)--Apr. Here's why Big Data-analytics provider Splunk is buying the cybersecurity startup Phantom Cyber for $350 million—it's biggest deal to date. SAN FRANCISCO – April 9, 2018 – Splunk Inc. (NASDAQ: SPLK), first in delivering “aha” moments from machine data, today announced that it has closed the acquisition of Phantom Cyber Corporation, … *Gartner, Innovation Insight for Security Orchestration, Automation and Response by Claudio Neiva, Craig Lawson, Toby Bussa, Gorka Sadowski, May 30, 2017, **Gartner, Market Guide for AIOps Platforms, Will Cappelli, Colin Fletcher, Pankaj Prasad, August 03, 2017. Splunk, Splunk>,Turn Data Into Doing, Data-to-Everything, and D2E are trademarks or registered trademarks of Splunk Inc. in the United States and other countries. Customers will be able to use Splunk® technology for orchestration and automation as an integral part of their Security Operations Center (SOC) platform to accelerate incident response while addressing the skills shortage. Phantom adds to Splunk’s growing security profile, lining up with its $200 million Caspida acquisition in July, 2015 and last October’s buyout of SignalSense for an undisclosed sum. … With Splunk Phantom, execute … “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. Splunk to Acquire Phantom $350 million deal scheduled to close Q1 2018. Splunk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. 2 July 2018. Splunk, Splunk>,Turn Data Into Doing, Data-to-Everything, and D2E are trademarks or registered trademarks of Splunk Inc. in the United States and other countries. The acquisition is … Splunk on Tuesday announced that it's acquiring Phantom Cyber Corporation for $350 million. On April 9, 2018, Splunk acquired Phantom Cyber, a company that provides security orchestration, automation and response capabilities that enable security teams to dramatically scale … The content is expressly aimed at … “Splunk is committed to continuously pushing the limits of technology to help our customers get the answers they need from their data. First, you’ll need to go through the Phantom Server Configuration page to connect Splunk to Phantom, which will require an automation user in Phantom. Phantom Cyber. Under the terms of the agreement, Splunk will acquire Phantom for a total purchase price of approximately $350 million, subject to adjustment, to be paid in cash and stock. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: difficulties encountered in closing and integrating the merged business, technologies, personnel and operations; costs related to the acquisition; market acceptance of the acquisition and resulting products and services; Splunk’s inability to realize value from its significant investments in its business, including product and service innovations; and general market, political, economic and business conditions. RELATED STORIES: Splunk acquires SignalFx for $1.05 billion On June 11, 2018 Splunk announced its acquisition … © 2005-2021 Splunk Inc. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Combining Phantom’s Security Orchestration, Automation and Response (SOAR) technology with Splunk’s industry-leading big data analytics platform represents a significant advancement for security and IT customers who are looking to eliminate threats faster and keep their business ahead of the threat landscape. A few months ago, Splunk announced the acquisition of Phantom, a SOAR – Security Orchestration, Automation & Response platform. Under the terms of the agreement, Splunk will acquire Phantom for a total purchase price of approximately $350 million, subject to adjustment, to be paid in cash and stock. Splunk will allow us to supercharge that,” said Oliver Friedrichs in a April 9 blog post on Splunk’s website. Splunk Inc. has agreed to acquire venture-backed Phantom Cyber Corp. for about $350 million in cash and stock, as the big-data specialist seeks to expand its cybersecurity offerings. Splunk has acquired 13 companies, including 9 in the last 5 years. Splunk’s acquisition of Phantom Cyber adds security orchestration, automation and response to Splunk’s portfolio and extends automation capabilities to Splunk's customers in security … Splunk plans to purchase security orchestration and automation pioneer Phanton Cyber Corp. for $350 million in cash … Splunk’s largest acquisition to date was in 2019, when it acquired SignalFx for $1.1B. Splunk said it will pay the $350 million Phantom acquisition fee in a combination of cash and stock, though the majority will come in cash from its balance sheet. Under the terms of the agreement, Splunkwill acquire Phantom for a total purchase price of approximately $350 million, subject to adjustment, to be paid in cash and stock. On April 2018, it reached US$14.8 billion of market capitalization. Phantom… With the acquisition of Phantom by Splunk now complete, we can begin integrating our two companies for the benefit of our users, … Slowly but surely, Splunk is surrounding its core SIEM with additional functionality like behavioral analytics, regulatory compliance, fraud detection, and insider threat detection. A data platform built for expansive data access, powerful analytics and automation, Automate workflow, investigation and response, Detect unknown threats and anomalous behavior with ML, Monitor and manage hybrid and multicloud environments, Improve application performance and reliability, Modernize IT with the industry-leading AIOps platform, Automate incident response to increase uptime, Transform your organization by accelerating your cloud journey, Empower the business to innovate while limiting risks, Go from running the business to transforming it, Accelerate the delivery of exceptional user experiences, Bring data to every question, decision and action across your organization, See why organizations around the world trust Splunk, Accelerate value with our powerful partner ecosystem, Thrive in the Data Age and drive change with our data platform, Learn how we support change for customers and communities, Clear and actionable guidance from Splunk Experts, Find answers and guidance on how to use Splunk, Splunk Application Performance Monitoring, Advance cyber defense and reduce organizational risk using analytics-driven security, Respond faster by accelerating incident response, Work smarter and reduce staffing and skills challenges. On April 9, 2018, Splunk acquired Phantom Cyber, a company that provides security orchestration, automation and response capabilities that enable security teams to dramatically scale their operations efforts. All other brand names, product names, or trademarks belong to their respective owners. © 2005-2021 Splunk Inc. All rights reserved. On April 9, 2018 Splunk acquired Phantom Cyber Corporation for approximately US$350 million. Organizations use market-leading Splunk solutions with machine learning to solve their toughest IT, Internet of Things and security challenges. The acquisition is expected to close during the first half of 2018, subject to customary closing conditions and regulatory reviews. Splunk keeps growing! … The data analytics service provider Splunk is giving itself a security upgrade with its $350 million cash and stock acquisition of the security automation technology developer, Phantom Cyber. Turn on suggestions. A data platform built for expansive data access, powerful analytics and automation, Automate workflow, investigation and response, Detect unknown threats and anomalous behavior with ML, Monitor and manage hybrid and multicloud environments, Improve application performance and reliability, Modernize IT with the industry-leading AIOps platform, Automate incident response to increase uptime, Transform your organization by accelerating your cloud journey, Empower the business to innovate while limiting risks, Go from running the business to transforming it, Accelerate the delivery of exceptional user experiences, Bring data to every question, decision and action across your organization, See why organizations around the world trust Splunk, Accelerate value with our powerful partner ecosystem, Thrive in the Data Age and drive change with our data platform, Learn how we support change for customers and communities, Clear and actionable guidance from Splunk Experts, Find answers and guidance on how to use Splunk, Splunk Application Performance Monitoring, Press Release: Splunk Agrees to Acquire Phantom, Press Release: Splunk Closes Acquisition of Phantom, Blog Post: Splunk + Phantom: Turning Security Data into Answers and Action. All other brand names,product names,or trademarks belong to their respective owners. The future is increasingly looking automated for the machine data cruncher Splunk as customers look to ease the burden on analysts grappling with higher alert volumes, and since the acquisition of Phantom in February last year, Splunk … Splunk Phantom cancel. Along with its partners, Splunk had solid SOAPA offerings before this acquisition. Additional information on potential factors that could affect Splunk’s financial results is included in the company’s Quarterly Report on Form 10-Q for the quarter ended October 31, 2017, which is on file with the U.S. Securities and Exchange Commission. “The majority of purchase price consideration will be paid from cash on our balance sheet. We are thrilled to empower Splunk customers to solve these important challenges.”, SOAR platforms improve the efficiency of security operations by automating tasks, orchestrating workflows, improving collaboration, and enabling organizations to respond to incidents at machine speed. The main function of this app is to send data from Splunk to Phantom. 9, 2018-- Splunk Inc. (NASDAQ: SPLK), first in delivering “aha” moments from machine data, today announced that it has closed the acquisition of Phantom Cyber Corporation, … A new model and supporting content to apply Splunk’s Security Orchestration, Automation and Response product, Splunk Phantom, within OT contexts. Showing results for Search instead for Did you … Oliver Friedrichs, Founder and CEO, Phantom will report to Haiyan Song, senior vice president and general manager of security markets, Splunk. For Splunk, it's a win because customers want the technology that SignalFx … With Phantom in tow however, Splunk … VentureBeat Join millions of passionate users and discover your “aha” moment with Splunk today: http://www.splunk.com. Splunk has acquired quite a few companies over the last couple of years, which have proven to be a great addition to their Big Data Platform. Splunk, Splunk>, Listen to Your Data, The Engine for Machine Data, Splunk Cloud, Splunk Light and SPL are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the expected benefits of the acquisition of Phantom, the impact of the acquisition on Splunk’s products and services, the capabilities of Phantom’s products and services, and expected dilution to Splunk stockholders. Under the terms of the agreement, Splunk will acquire Phantom for a total purchase price of approximately $350 million, subject to adjustment, to be paid in cash and stock. Splunk Phantom Security Orchestration & Automation Harness the full power of your existing security investments with security orchestration, automation and response. All other brand names,product names,or trademarks belong to their respective owners.
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