Tech
Splunk is buying security automation company Phantom for $350m
Data analytics company says move will help customers automate their response to security threats.
Data analytics company Splunk is to buy security company Phantom Cyber for around $350m.
SEE: Special report: Cybersecurity in an IoT and mobile world (free PDF)
The company said the acquisition is expected to close during the first half of 2018.
Splunk has made a number of acquisitions recently, acquiring Rocana and Signal Sense in October last year.
RELATED STORIES:
- Splunk acquires SignalSense, beefs up machine learning, security expertise
- Ransomware: An executive guide to one of the biggest menaces on the web
- Splunk buys IP assets of smaller rival Rocana
- Splunk brings machine learning updates to flagship suites
- Strata 2017 Postmortem: More virtual data lake, more operational machine learning
- Learn machine learning concepts in this 10-course bundle (ZDNet Academy)