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IBM Surrenders SIEM While PANW Tries To Gain On Tech Titans

forrester.com · 1,674 words · saved by 1 readers

In a busy week for security information and event management (SIEM) vendors to be merged or divested, Palo Alto Networks (PANW) announced that it’s acquiring IBM’s QRadar software-as-a-service (SaaS) business and migrating those customers to its Cortex® XSIAM® platform. In addition, PANW gets QRadar intellectual property rights as part of the deal. This makes IBM the second legacy SIEM player (the other being LogRhythm) this week to attach itself to a newer, more innovative vendor. These moves come on the heels of Cisco’s completed acquisition of Splunk. All legacy SIEM players are facing increasing competition from tech titans (aka hyperscalers) as well as extended detection and response (XDR) vendors that are aggressively positioning as SIEM alternatives. IBM has sold QRadar for well over a decade, since its 2011 acquisition of Q1 Labs. It made QRadar the focal point of its security product portfolio — going so far as to rebrand its endpoint detection and response (EDR) and security

< Featured Blogs Home > Featured Blogs > IBM Surrenders SIEM While PANW Tries To Gain Ground On Tech Titans IBM Surrenders SIEM While PANW Tries To Gain Ground On Tech Titans Share In a busy week for security information and event management (SIEM) vendors to be merged or divested, Palo Alto Networks (PANW) announced that it’s acquiring IBM’s QRadar software-as-a-service (SaaS) business and migrating those customers to its Cortex® XSIAM® platform. In addition, PANW gets QRadar intellectual property rights as part of the deal. This makes IBM the second legacy SIEM player ( the other being LogRh

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