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The addition of SnapAttack, a startup incubated by Booz Allen Hamilton’s Darklabs, will enhance Splunk with accelerated SIEM migration and proactive threat hunting.
Coming on the heels of Cisco buying Splunk, Palo Alto Networks acquiring IBM's QRadar, and LogRhythm merging with Exabeam, Snowflake's investment highlights the ongoing market pressure to improve SOC tools.
Cisco's surprise agreement could reshape secure information and event management (SIEM) and extended detection and response (XDR) markets.