FireEye, Inc. (NASDAQ-NMS: FEYE), the intelligence-led security company,
today announced it acquired privately held X15 Software and its
innovative next generation big data platform. The acquisition, which
closed on January 11, 2018, will add significant data management
capabilities and provide customers with an open platform for integrating
machine-generated data that can easily incorporate new security
technologies and big data sources to adapt to the evolving threat
“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.”
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 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, CEO 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 was founded in 2013 and currently employs approximately 20
employees. The X15 teams are located in California and India and will
bring their big data management experience to the FireEye engineering
teams in their respective locations.
Financial Terms of the Transaction
Under the terms of the acquisition agreement, FireEye will pay
approximately $15 million in equity and $5 million in cash.
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