LogRhythm, a global security intelligence company, agreed to merge with Exabeam, a global cybersecurity company. Financial terms were not disclosed. “As a combined organization, we will continue to push the envelope of security operations innovation with solutions that bring AI, automation, SIEM, security analytics, and UEBA together to deliver a holistic approach to combating cyberthreats. With AI and cloud as driving forces that can’t be ignored in the market, we look forward to collectively addressing the needs of our joint prospects and customers to further enhance their cybersecurity TDIR capabilities. We are proud to be named a Leader in the 2024 Gartner® Magic Quadrant™ for SIEM for the fifth straight time and to offer all that is now possible in terms of efficacy, value, speed, and scale,” Adam Geller, Exabeam CEO.