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.