---
title: Splunk Buys Cybersecurity Company
description: Splunk buys a cybersecurity company. Splunk's new acquisition.
---

[SecureWorld News ](https://www.secureworld.io/industry-news)

# [Splunk Buys Cybersecurity Company](https://www.secureworld.io/industry-news/splunk-buys-cybersecurity-company)

 Written by [SecureWorld News Team](https://www.secureworld.io/industry-news/author/secureworld-news-team) | Tue | Feb 27, 2018 | 5:23 PM Z

Machine data company Splunk is buying a cybersecurity company for $350 million in cash and stock.

Phantom Cyber Corporation operates in Security Orchestration, Automation and Response (SOAR).

“Phantom’s employees and technology significantly expand and strengthen Splunk’s vision for the security nerve center and for business revolution through IT,” said Doug Merritt, President and CEO of [Splunk](https://www.splunk.com/). 

One of the things I've heard repeatedly at our [regional SecureWorld conferences](https://www.secureworld.io/events) is that cybersecurity and digital innovation are interlocked.

Apparently Splunk feels the same way.

[View full post](https://www.secureworld.io/industry-news/splunk-buys-cybersecurity-company)

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