Dec. 31, 2015, 7:03 PM
- Cisco (NASDAQ:CSCO) could make a bid for storage array vendor NetApp (NASDAQ:NTAP) and threat-prevention hardware/software provider FireEye (NASDAQ:FEYE) in 2016, thinks FBR's Dan Ives. Cisco/NetApp speculation has been around for a while. Meanwhile, Cisco has made several security acquisitions in recent years, and appears to be up for more, but has also launched products that compete with FireEye.
- Ives also thinks IBM could bid for machine/log data analytics software leader Splunk (NASDAQ:SPLK) and business intelligence/data visualization software firm QLIK. With a $7.6B market cap and high multiples, Splunk would be a costlier acquisition than IBM's traditional fare.
- HP Enterprise (NYSE:HPE), meanwhile, is seen as a potential suitor for both Qlik and enterprise cloud storage/file-sharing leader BOX. And Oracle (NYSE:ORCL) a potential buyer of cloud ERP, HR, and e-commerce software firm NetSuite (NYSE:N). Larry Ellison owns a large stake in NetSuite (more SMB-focused than Oracle), and the company both competes and partners with Oracle.
- Microsoft (NASDAQ:MSFT), which has made plenty of acquisitions in the Satya Nadella era, is seen as a potential buyer of database security software and Web app firewall vendor Imperva (NYSE:IMPV), as well as of cloud vulnerability management and compliance software firm Qualys (NASDAQ:QLYS). Symantec (NASDAQ:SYMC), which has signaled it will make security acquisitions after the sale of its Veritas unit closes, is considered a possible acquirer of e-mail/compliance security software provider Proofpoint (NASDAQ:PFPT).
- Yesterday: FBR sees improving cybersecurity spend, likes several stocks
Oct. 13, 2015, 6:41 PM
- Newly-public security software/services firm Rapid7 (NASDAQ:RPD) is buying Logentries, a provider of software for searching and analyzing the large volumes of machine/log data produced by IT systems, for $68M - $36M in cash + $32M in stock.
- Rapid7, which has relied heavily on analytics to differentiate its incident-detection and threat-management software: "The disruptive combination of Rapid7's industry-leading data collection and security analytics and Logentries' compelling machine data search technology, enables customers to better understand and quickly respond to risk in their IT environment ... This is a natural progression of our security data and analytics platform, complementing our value proposition and accelerating our time to market."
- The purchase represents a challenge to machine data analytics leader Splunk (NASDAQ:SPLK), which now gets a large portion of its revenue from security use cases and recently bought security analytics software firm Caspida for $190M. Logentries has emphasized ease-of-use as a selling point. CEO Andrew Burton in 2013: “We want to do to Splunk what [LogMeIn's] Join.me did to [Cisco's] WebEx which is to make it easy to use and accessible ... The market opportunity is big enough for all these companies. But there is a real need for a logging tool that is usable by mere mortals, not just programmers and techies."
Jul. 9, 2015, 5:28 PM
- Splunk (NASDAQ:SPLK) is acquiring Caspida, provider of a security software platform that attempts to uncover malware, advanced persistent threats (APTs), and insider threats with the help of machine learning and behavioral analytics. The company is paying $127M in cash, and $63M in restricted shares.
- Splunk, which received about a third of its FQ1 business from security analytics deployments, proclaims pairing its machine data analytics software (used to respond to breaches) with Caspida's offerings (used to detect breaches) will yield an unmatched end-to-end platform.
- The purchase comes amid surging corporate cybersecurity spend following numerous well-publicized breaches. Splunk: "Recent high-profile breaches show virtually all attacks happen with compromised credentials, and automated detection leveraging machine learning is the future for detecting known and unknown threats from insider and external attackers."
- Caspida is expected to contribute to revenue next year. Splunk is affirming its FY16 (ends Jan. '16) revenue, op. margin, and op. cash flow guidance.
Dec. 10, 2013, 2:27 PM
- Splunk (SPLK -1.2%) has acquired Cloudmeter, a developer of products that allow large volumes of data about corporate/data center network activity to be captured. Terms are undisclosed. (PR)
- Splunk plans to integrate Cloudmeter's technology with its machine data analysis software, and notes the former should strengthen the latter's value in IT operational intelligence/troubleshooting deployments (one of its core use cases).
- The purchase comes three months after Splunk bought BugSense, a startup that offered tools for analyzing the machine data produced by mobile apps.
Sep. 16, 2013, 5:25 PM
- 2-year-old BugSense offers tools that allow app developers to analyze the machine data generated by mobile apps, and thereby get a handle on error messages, app crashes, feature usage, and other datapoints, through a cloud-based platform. (PR)
- Developers are able to quickly add BugSense support for their apps through SDKs that support iOS, Android, and Windows Phone. Clients include Skype, Trulia, Yahoo Japan, SoundCloud, and Box.
- Splunk (SPLK) asserts BugSense will allow its clients to "analyze machine data directly from mobile devices and correlate it with other machine-generated data to gain operational intelligence."
- Through its digital intelligence offerings, Splunk has already been offering products for analyzing machine data from Web, mobile app, and social media logs. CEO Godfrey Sullivan has been arguing such tools are a major growth opportunity. Thus far, Splunk's software has most frequently been used to analyze machine data from enterprise hardware/apps.
Jan. 11, 2013, 12:47 PM
Splunk (SPLK +6.3%) is rallying, apparently on a rumor IBM could bid for the company. As the top vendor in a fast-growing analytics software segment, Splunk is definitely in IBM's wheelhouse. But it also trades at lofty multiples and would probably require a buyout price north of $4B. 18.8% of the float was shorted as of Dec. 14.| Jan. 11, 2013, 12:47 PM | 1 Comment
Aug. 7, 2012, 6:59 PM
VMware (VMW) is buying Log Insight, a product that delivers real-time analysis of machine data, from startup Pattern Insight. The purchase makes VMware a rival to Splunk (SPLK), the current leader in this space, and perhaps also Tibco (TIBX), which bought a log data hardware/software firm in April. Last month, it was reported VMware and parent EMC are thinking of spinning off their cloud services and big data assets into a separate company. (VMware/Cetas)| Aug. 7, 2012, 6:59 PM
May 15, 2012, 12:58 PM
SolarWinds (SWI +3.9%) and Splunk (SPLK +1.4%) outperform after being mentioned positively in Elliott Associates' open letter to BMC Software's (BMC +1.6%) board. The enterprise software firms are named as companies BMC should have acquired to bolster its software-as-a-service (SaaS) offerings, but are now too richly priced to justify a purchase. (previous)| May 15, 2012, 12:58 PM