ASX-listed independent software vendor Prophecy International said it has entered into a three-year global reseller agreement with US-based Securonix.
The deal involves Securonix reselling Prophecy's solutions to its customers and partners.
These include Prophecy's Snare products such as Agents, Agent Management and Reflector.
Snare will be integrated with Securonix's scalable SIEM platform, with customers being provided the option to migrate from their existing third-party solution onto Prophecy's one, as their subscriptions expire over the first 12 months from the commencement of the partnership.
Customers will also be given the option to purchase Snare.
Prophecy expects the partnership with Securonix to bring in over a million dollars in annual recurring revenue over the course of the first 12 months of the agreement.
Securonix provides software-as-a-service security solutions, such as its Unified Defence SIEM, User and Entity Behaviour Analytics (UEBA) and security orchestration, automation and response (SOAR) capabilities.
The US security information and event management (SIEM) vendor claims over 1000 customers worldwide, selling direct and through more than 150 partners and managed security services providers (MSSPs).
Chief executive of Prophecy, Brad Thomas, said the company is delighted to partner with Securonix to enhance their customers' detection and management of cyber threats.
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