FireEye Deals for Big Data Firm

Friday, January 12, 2018 @ 04:01 PM gHale

Security provider FireEye paid $20 million to acquire Big Data platform provider X15 Software.

Under the terms of the deal, FireEye agreed to pay $15 million in equity and $5 million in cash to acquire the privately held Sunnyvale, CA-based X15. The deal closed Thursday.

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“Organizations today are overwhelmed by alerts, the number of tools required to manage their security operations, and the challenge of unifying access to the large volumes of data that matter,” said John Laliberte, senior vice president of engineering at FireEye. “The X15 Software team built an incredibly versatile, enterprise-grade big data platform that enables distributed, real-time access and ingestion of data at scale within a unified data model and modular query language. X15 Software technology will accelerate our strategy of delivering an innovative, next-gen security platform.”

FireEye said the integration of X15 Software’s technology will help FireEye’s security operations platform address the challenges of collecting, querying and analyzing large volumes of machine-generated data in real-time and manage security data from on-premise, hybrid and cloud environments.

The integration of X15 Software’s technology will enhance the ability of FireEye to collect and deliver the data organizations need to protect their most valuable assets, providing:

Big Data Management Capabilities – X15 Software technology solves the complex problem of collecting, querying and analyzing large volumes of machine-generated data in real-time. X15 Software technology is built with the flexibility to ingest data sources at scale, allowing organizations to capture new data as their infrastructure evolves.

One Management Console for Cloud, On-Premise and Hybrid Environments – As organizations expand their usage of different cloud platforms, X15 Software technology will provide the flexibility to manage security data from on-premise, hybrid and cloud environments, including: AWS Microsoft Azure, Google Cloud Platform and Oracle Cloud. 

A Platform for Innovation – As the security landscape changes, organizations need a flexible security operations platform that can match the evolving capabilities of the adversaries. X15 Software technology will accelerate the capabilities of the FireEye platform to better enable organizations to leverage security data to make expert decisions and keep pace with the threats against them.

“We founded X15 Software to help organizations get more value out of the massive data they were generating on a daily basis, and very quickly we saw how impactful our technology could be in the security space,” said Val Rayzman, chief executive of X15 Software prior to the acquisition. “By coming together with FireEye, we can help build a security platform that uses big data, threat intelligence and analytics to keep customers secure.”

X15 Software started up in 2013 and employs 20 workers.

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