Corporate news

Corporate News

Symantec sells off enterprise business for $10.7 billion

Symantec sold off its enterprise security business to chipmaker Broadcom for $10.7 billion, but will retain consumer cyber safety business. The deal, which includes the Symantec brand name, was approved by Symantec’s board of directors and is expected to close before the end of the year, but still must pass standard regulatory approvals. Symantec will…

Jamf acquires Mac endpoint solutions firm Digita Security

The Apple device management company Jamf today announced the acquisition of Digita Security, which specializes in creating enterprise-level endpoint protection solutions for Mac users. The two parties are not releasing the deal’s financial details and Jamf spokesperson told SC Media the deal has already closed. Digita Security, which was co-founded by ex-NSA hacker Patrick Wardle,…

Cybersecurity executive changes

July 23LogRhythm named Mark Logan as CEO. Previously, he served as president of Attunity and CEO of WealthEngine. July 10Retired U.S. Air Force Brig. Gen. Guy Walsh was named the the founding executive director of The University of Texas at San Antonio’s National Security Collaboration Center. The center is a consortium of 38 government, university and industry partners…

Exterro picks up privacy firm Jordan Lawrence

Information governance software maker Exterro has acquired the data privacy and information management software firm Jordan Lawrence. Bobby Balachandran, CEO at Exterro, said the move was made to help his firm more effectively manage the new and evolving data privacy and security regulations, such as CCPA and GDPR while addressing e-discovery needs under the Federal…

Venture capital investments

June 10, 2019 Vectra closed a $100 million round of funding led by TCV and existing investors. Vectra said it will use the investment to accelerate global market expansion and R&D innovation. November 29, 2018Venafi closed a $100 million round of financing that was led by TCV along with investment from QuestMark Partners and NextEquity…

Imperva acquires Distil Networks

Imperva announced yesterday it had acquired Distil Networks with plans to integrate that company’s automated attack mitigation capabilities to help round out Imperva’s product portfolio. Neither company made the merger’s financial details available nor is it currently known how Imperva will integrate Distil’s staff into its current operation. “Distil Networks gives us a comprehensive bot…

Sophos inks deal to acquire Rook Security

Sophos reported today it has acquired the managed detection and response (MDR) firm Rook Security. The financial details of the deal were not revealed, but Sophos said Rook Security skillset will be used so the company can create a re-sellable MDR services by combining Rook Security’s threat detection, investigation and response capabilities with its recently…

Recorded Future, Palo Alto and FireEye in mergers and acquisitions mode

The cybersecurity sector saw three major acquisitions announced this week, with Insight Partners acquiring Recorded Future, Palo Alto buying Twistlock and PureSec and FireEye snapping up Verodin. Monetarily, the biggest deal involved the private equity firm Insight Partners taking a controlling stake in Recorded Future in an all-cash $780 million deal that will also see…

Sophos brings on DarkBytes

Sophos has acquired the endpoint security company DarkBytes. The companies did not release the financial details of the agreement, but Sophos said it plans to use DarkBytes technology as the foundation for new managed detection and response andSecurity Orchestration Automation Response services it plans to offer. “The strength and architecture of the DarkBytes platform will accelerate…

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