Press release -
LogPoint to acquire agileSI™ from Orange Cyberdefense
COPENHAGEN – August 6, 2020 - LogPoint, the modern SIEM and UEBA company, has signed an agreement with Orange Cyberdefense Germany, part of the Orange Group, to acquire agileSI™, the leading SAP security solution. The acquisition will solidify LogPoint’s position as a leading provider of application security, including security for SAP ERP systems.
At the same time, Orange Cyberdefense Germany has signed a partnership agreement with LogPoint in order to conserve agileSI’s security technologies (SIEM, UEBA and SAP) in its overall cybersecurity portfolio. This divestment will enable Orange Cybderfense to focus on providing managed cybersecurity services in collaboration with industry-leading technology vendors.
“SAP is one of the key highways of the global economy, given the enormous value of transactions moving through SAP. Bridging the gap between SAP and SIEM and keeping SAP infrastructures safe from cyber threats is a key mission for LogPoint, and the acquisition of agileSI™ is a significant step on this journey,” says LogPoint CEO Jesper Zerlang.
agileSI™ bridges the gap between SAP and SIEM, and removes the security blindspot in SAP by enabling the full integration of security data from the SAP ERP platform into SIEM solutions. It unleashes the advanced analytics capabilities of the SIEM, enabling correlation with other security data and full integration into the Cybersecurity infrastructure.
“Divesting agileSI™ is a logical consequence of our strategy to focus on the development of our cybersecurity services portfolio, rather than a single technology, and instead forge partnerships with industry-leading technology vendors”, says Johan Andersson, EVP of Orange Cyberdefense. “The agileSI technology will remain in our stack and we will enter into a partnership with LogPoint that will provide future SIEM, UEBA and SAP-to-SIEM technology”
The inclusion in the LogPoint family will add significant development resources to agileSI™ and provide access to market-leading support and customer success services. The agileSI solution will remain SIEM platform-agnostic, and provide integration with all leading SIEM providers, including LogPoint, Splunk, IBM Qradar, ArcSight and others.
The transaction is subject to customary legal requirements and approvals and is expected to be completed in Q3 2020. The parties are not disclosing financial details about the transaction. agileSI will be integrated into the LogPoint organization and will remain geographically located in Munich, which is also the headquarters of the LogPoint Central EMEA organization.
LogPoint Modern SIEM and UEBA solutions provide the analytics and automation tools that enable customers to securely build, manage, and effectively transform their businesses. LogPoint serves 1.000+ customers globally with the support of a robust global partner network, including more than 60 leading Cybersecurity providers and MSSP’s across the world.
The attached photo can be used freely by the media. For more information visit www.logpoint.com/press
For additional information, contact:
Orange Cyberdefense Germany
Elena Doch
E-mail: elena.doch@orangecyberdefense.com
Tel.: +49 89 2000 148 1416
LogPoint
Mads Lindberg
VP Communications
Tel.: +45 3031 7141
E-mail: mal@logpoint.com
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About Orange Cyberdefense
Orange Cyberdefense is the expert cybersecurity business unit of the Orange Group, providing managed security, managed threat detection & response services to organizations around the globe. As Europe’s go-to security provider, we strive to protect freedom and build a safer digital society. We are threat research, intelligence-driven, offering unparalleled access to current and emerging threats. With a 25+ year track record in information security, 250+ researchers & analysts and 16 SOCs distributed across the world and sales and services support in 160 countries, we can offer global protection with local expertise and support our customers throughout the entire threat lifecycle. We embed security into Orange Business Services solutions for multinationals worldwide. We believe strongly that technology alone is not a solution. We help our customers achieve Superior security outcomes via our proprietary detection case-studies, threat intelligence and in-house R&D including a 3rd-generation sandbox and Epidemiology Lab.
About LogPoint
LogPoint is committed to creating the best SIEM in the world. We enable organizations to convert data into actionable intelligence: supporting cybersecurity, compliance, IT operations, and business analytics. LogPoint’s Modern SIEM withUEBA provides advanced analytics and AI-driven automation capabilities that enable our customers to securely build-, manage, and transform their businesses. Our flat licensing model, based on nodes rather than data volume, drastically reduces the cost of deploying a SIEM solution on-premise, in the cloud or as an MSSP. LogPoint is easy to implement and offers unparalleled time-to-value. And don’t just take our word for it. 1.000+ customers agree, our service is consistently receiving a 96% customer satisfaction rating.For more information, visit www.logpoint.com.
