Verizon on Thursday announced plans to acquire Terremark, a managed IT infrastructure and cloud services provider known for its advanced security offerings, for $1.4 billion. The deals boosts Verizon to a major player in the cloud circuit. According to a news release, Verizon plans to operate Terremark as a standalone business unit. "Cloud computing continues to fundamentally alter the way enterprises procure, deploy and manage IT resources, and this combination helps create a tipping point for 'everything-as-a-service,'" said Lowell McAdam, Verizon's president and chief operating officer. – DK
Several new features have been added by DevOps security firm Cycode to its application security posture management platform led by the inclusion of generative artificial intelligence into its Risk Intelligence Graph, reports SiliconAngle.
Incident response firm BreachQuest has been purchased for an undisclosed amount by cyber risk management provider Resilience to facilitate more efficient cyber incident response efforts, SiliconAngle reports.