Machine data solutions firm Splunk said on Tuesday that it has agreed to acquire Phantom Cyber, a provider of Security Orchestration, Automation and Response (SOAR) solutions. Under the terms of the agreement, Splunk will pay approximately $350 million in cash and stock to acquire Palo Alto, Calif.-based Phantom. The post Splunk to Acquire Security Orchestration Firm Phantom for $350 Million appeared first on SecurityWeek.
Machine data solutions firm Splunk said on Tuesday that it has agreed to acquire Phantom Cyber, a provider of Security Orchestration, Automation and Response (SOAR) solutions.
Under the terms of the agreement, Splunk will pay approximately $350 million in cash and stock to acquire Palo Alto, Calif.-based Phantom.
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