SIEM vendor LogRhythm to be acquired by private equity firm Thoma Bravo. Financial details of the deal were not disclosed. The purchase is intended to support future operational and product development plans. The 15-year-old vendor of security information and event management systems has more than 2,500 global customers. The deal is expected to close in the third quarter of 2018, according to a statement from the company’s chairman, president, and CEO, Andy Grolnick, described the step as an exciting strategic step forward for the company.”]
Source: https://www.darkreading.com/analytics/thoma-bravo-acquires-majority-stake-in-logrhythm