Elastic N.V. (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, is to acquire Endgame, Inc., an Arlington, VA- and San Francisco, CA-based security company focused on endpoint prevention, detection, and response.
Under the terms of the agreement, which has been approved by the boards of directors of both companies, Elastic will acquire Endgame for a total purchase price of $234m, subject to customary adjustments.
The deal is expected to close during Elastic’s fiscal third quarter, subject to the satisfaction of regulatory approvals and other customary closing conditions.
The acquisition will further advance Elastic’s ability to offer a comprehensive security solution focused on endpoint security and integrated with its existing SIEM efforts.
Led by Nate Fick, CEO, and Jamie Butler, CTO, Endgame leverages advanced machine learning technology to enable security operators of any skill level to deliver protection, stopping everything from ransomware, to phishing, and targeted attacks. Its endpoint security platform, which offers a hybrid architecture that delivers both cloud administration and data localization that meets industry, regulatory, and global compliance requirements, is used by enterprises and government agencies for endpoint prevention, detection, and response (EPP + EDR).
In combination with Elastic’s SIEM efforts, Endgame’s EDR and EPP capabilities will help organizations extend threat hunting to the endpoint.
Led by Shay Banon, CEO and Founder, Elastic is a search company which builds self-managed and SaaS offerings that make data usable in real time and at scale for use cases like application search, site search, enterprise search, logging, APM, metrics, security, business analytics, and more.