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New Deal


Announced

Completed

XM Cyber completed the acquisition of Confluera.

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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information technology

United States

Single Bidder

Completed

Friendly

Digital Services

Majority

Acquisition

cyber security

Domestic

Private

Synopsis

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XM Cyber, a cyber security company, completed the acquisition of Confluera, a provider of cloud cybersecurity detection and response. Financial terms were not disclosed. "We work so well together because we're both looking at the environment through attack path modeling. For example, XM Cyber shows our customers how an attacker could take advantage of a cloud secret found in the on-prem environment, move into the cloud, escalate privileges of an EC2, and compromise S3 buckets with sensitive information through a chain of events. Now with Confluera, we will detect if this attack path is actually happening in real time, alert our customers and help them stop the attack before it reaches the S3 buckets," Boaz Gorodissky, XM Cyber Co-Founder and CTO.

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