On March 10, 2021, Sumo Logic, the pioneer of continuous intelligence, announced that it has entered into an agreement to acquire DF Labs S.p.A., a provider of security orchestration, automation, and response (SOAR) software. The acquisition will extend Sumo Logic’s cloud-native SIEM solution to help reduce or eliminate tedious and error-prone manual tasks and enable SOC teams to accelerate threat detection, analysis, incident response, and forensic investigations. Wilson Sonsini Goodrich & Rosati is representing Sumo Logic in the transaction.
The acquisition will broaden Sumo Logic’s portfolio, as well as a rich joint ecosystem of customers and partners that includes MSPs, MDRs, and VARs, while accelerating the companies’ mutual strategy to deliver the automation needed to modernize the SOC. DFLabs CEO Dario Forte and the entire DFLabs team will join Sumo Logic’s Security Business Unit. The addition of DFLabs employees will bolster Sumo Logic’s global engineering and cyber security domain expertise and add Milan, Italy, to its growing roster of offices around the world. The transaction is subject to customary closing conditions, including certain government approvals in Italy, and is anticipated to close in the second quarter of fiscal year 2022.
The Wilson Sonsini team representing Sumo Logic in the transaction is led by Mike Russell and Matthew Baudler from the M&A practice and Jamie Clessuras from the technology transactions practice.
For more information, please see Sumo Logic’s press release.