Tech M&A: FireEye Acquires X15 Software. Also featuring: SolarWinds, Alphabet, Iron Mountain and Viacom

FireEye Acquires X15 Software

FireEye Acquires Big Data Platform Provider X15 Software

FireEye, the California-based security vendor, has acquired X15 Software, a California-based big data platform provider.


X15’s technology enables the collecting, querying and analyzing of large volumes of machine-generated data in real time. The company’s platform was built with the flexibility to process data at scale, allowing organisations to capture new data as their infrastructure evolves.


“Organisations today are overwhelmed by alerts, the number of tools required to manage their security operations, and the challenge of unifying access to the large volumes of data that matter,” said John Laliberte, FireEye senior vice president of engineering.


“The X15 Software team built an incredibly versatile, enterprise-grade big data platform that enables distributed, real-time access and ingestion of data at scale within a unified data model and modular query language.”


SolarWinds Acquires Cloud-Based Analytics and Monitoring Services Company Loggly

SolarWinds, a company that creates software for enterprise IT infrastructure management, has acquired Loggly, a cloud-based analytics and monitoring services company.


Loggly is an SaaS-based, unified log monitoring and log analytics product that aggregates, structures and summarises log data so users can analyse and visualise their data to answer key questions, spot trends, and deliver actionable reports.


“Rapidly visualising vast amounts of data through log analytics is absolutely critical to solving many problems in today’s diverse, complex cloud-application and microservices environments,” said Christoph Pfister, executive vice president of products at SolarWinds.


“Adding Loggly to our industry-leading portfolio will empower customers to accelerate their time-to-insight and solve problems faster, with our usual, disruptive affordability.”


Alphabet Acquires UK Audio and Haptics Startup Redux

Alphabet, the umbrella corporation of Google, has acquired Redux, a UK-based startup specialising in audio and haptic technology.


Founded in 2013 in Cambridge, Redux has developed technology that uses vibrations to turn the screens of phones or tablets into speakers or to provide haptic feedback. This would eliminate the need the need for separate speakers in phones and tablets. Their technology can also be used in automobile and industrial design to enhance safety.


Redux’s technology should add to Google’s smartphone expertise as it continues to compete with major players like Apple and Samsung. Google has declined to comment on the acquisition.


Iron Mountain Acquires IO Data Centers for $1.3 Billion

Iron Mountain, the colocation provider, has acquired IO Data Centers for $1.3 billion.


IO has four data centres in the US, located in Phoenix, Scottsdale, New Jersey and Ohio with a total area of 728,000 sq ft and a total capacity of 62 MW. It has a diverse roster of customers including blue chip financial services, aerospace, federal government and technology companies.


“We continue to experience strong demand and growth in our data center business, with a focus on establishing a presence in the largest global markets for colocation and enterprise customers,”  said Iron Mountain President and CEO William L. Meaney.


“Our strategy includes organic expansion within our existing footprint, greenfield development in the largest U.S. markets such as our newly opened campus in Northern Virginia, and targeted acquisitions of properties with customer profiles that closely mirror our own.”


Viacom Inc and CBS Corp Merger Still on the Table

Shari Redstone, whose family controls Viacom Inc. and CBS Corp, remains interested in merging the two media giants after a previous attempt faltered in 2016, according to an inside source.


The new merger talk comes during a new era of consolidation in the entertainment and media industry. Last December, Disney announced plans for a $52.4 billion acquisition of the bulk of 21st Century Fox’s movie and TV assets, while AT&T is attempting to complete the $85.4 billion acquisition of Time Warner announced over a year ago.


If the merger goes through it will create second largest media corporation in the world, with a worth of around $80 billion. Viacom/CBS’s holdings would include: the CBS network, the largest television group in the country; Paramount Pictures, one of the top four U.S. film studios; Simon & Schuster, one the nation’s largest publishing houses; Blockbuster, the preeminent video rental outlet; a variety of cable channels and internet sites; and also five theme parks.


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