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Elastic acquired Endgame Security in June for $234 million, and as a result of that deal, today the company announced Elastic Endpoint security to help customers secure laptops and servers. It also announced the acquisition has officially closed.
Elastic CEO and co-founder Shay Banon says that the company has already been helping threat hunters inside organizations find security events via its security information and event management (SIEM) tool. With Endgame, the company it wanted to extend its security coverage to laptops and servers. It’s probably not a coincidence that Endpoint is built on top of Elastic technology.
Company - Pricing - Model - Tool - Banon
The company announced that it’s going to offer an unusual pricing model for this tool. Banon says that instead of charging by the machine as is the industry norm, it’s going to charge based on the amount of data stored. He says it’s an essential change to carry the security and coverage across the range of tools.
“We deeply believe in order to converge segments like SIEM and endpoint, you not only...
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