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New Deal


Announced

Devo Technology to acquire Kognos.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

Security Services

Friendly

cybersecurity

Single Bidder

United States

Acquisition

Pending

Private

Synopsis

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Devo Technology, a cloud-native logging and security analytics company, agreed to acquire Kognos, a cloud-based detection and investigation platform that detects, investigates. Financial terms were not disclosed. “For analysts to have any chance of keeping up with today’s adversaries, we need to shift the SOC’s focus from weeding through thousands of alerts every day to actionable attack stories—the full sequence of steps taken to carry out an attack and an understanding of its impact. Kognos does exactly this with AI that understands attack scenarios in real-time and anticipates the questions analysts ask of their data. Pairing Kognos with Devo enables analysts to move beyond focusing on just alerts and empowers them to take quick, decisive action against threats," Marc van Zadelhoff, Devo CEO.

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