Rapid7 Buys Logentries To Enhance Data Analytics
Data security and analytics company Rapid7 (RPD) will acquire Logentries, a provider of machine data search technology, for $68 million. But investors weren’t thrilled. Logentries has a cloud-based platform that can search and analyze computer generated data to help users identify anomalous events on their networks. Rapid7 in a press release said the acquisition will enable information security teams to solve a full range of security challenges,