Thoma Bravo’s LogRhythm merges with Exabeam in more cybersecurity consolidation

Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by the likes of Cisco and Lightspeed Venture Partners. SIEM is the business of using real-time data gleaned from servers, network devices, and applications to flag abnormal activity […]