Global security firms LogRhythm and Exabeam are merging to enhance AI-driven security operations.
The combined company will leverage their strengths to improve threat detection, investigation, and response (TDIR) capabilities.
Customers will benefit from increased R&D, expanded service coverage, and a larger AI-driven product portfolio including cloud-native and on-premises solutions.
LogRhythm CEO Chris O’Malley said: “Together our expertise and shared strategic vision will accelerate innovative AI-driven cybersecurity solutions for customers around the world.”
The merger is set to close in the third quarter of 2024.