LogLogic has signed a definitive agreement to acquire all of the outstanding securities of privately held Exaprotect.
Subject to customary closing conditions, the acquisition is expected to be completed in the second quarter of 2009.
A recognised innovator of enterprise security, threat and security configuration change management solutions, the acquisition of Exaprotect will enable LogLogic to create a complete security management suite powered by log data.
Pat Sueltz, CEO of LogLogic, said: “The Exaprotect acquisition will be a major milestone for LogLogic as well as for the industry as a whole. We believe that the acquired products, combined with our recent announcement of new compliance management and database security products, form the industry's most comprehensive security management suite.”
Jean-Francois Dechant, CEO of Exaprotect, said: “Together LogLogic and Exaprotect will break through major barriers in the security industry, unifying historically disparate point solutions and taking the industry from passive security monitoring to truly pro-active security management.”