Thursday, June 23, 2011

SolarWinds Buys Network Security Company TriGeo For $35 Million In Cash

NYSE-listed SolarWinds, a provider of IT management software solutions, has agreed to acquire TriGeo, a privately-held vendor of log and event management software, for $35 million in cash. TriGeo, founded in 2001, offers solutions to IT organizations for the collection of of data from virtually any device on their network and the ability to correlate that data in real-time.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/hC32_lpzJDs/

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