Corporate News | SC Media

Corporate News

IBM pays up in tech, settles Weather Channel privacy lawsuit by LA

IBM will pony up $1 million worth of technology to the city of Los Angeles for COVID-19 contact tracing, and The Weather Channel app will change its privacy practices regarding use of user location data. The changes come with the settlement of a lawsuit that accused the app of misleading users as to how their…

Zscaler to acquire Cloudneeti

Zscaler has entered into an agreement to acquire the cloud security posture management firm Cloudneeti. The deal is expected to close prior to the completion of Zscaler’s third quarter. Financial details of the merger were not released. Cloudneeti’s focus is preventing and remediating application misconfigurations in SaaS, IaaS and PaaS to help keep databases secure…

Checkmarx sold for $1.15 billion

The application security testing firm Checkmarx was acquired in a $1.15 billion deal by the private equity firm Hellman & Friedman. The company had been owned by Insight Partners, also a private equity firm, which plans to retain a substantial interest in Checkmarx. The company believes the deal will help keep it on a growth…

Accenture acquires Context Information Security

Accenture Security has entered into an agreement to acquire the MSSP Context Information Security from its previous owner Babcock International Group. The deal’s financial details were not disclosed, but Accenture said all 250 Context employees will be brought over. Context was founded in 1988 and provides cyber defense, intelligence-driven red team, vulnerability research and incident…

Dell sells RSA to Symphony Technology Group in $2B deal

Just five days before RSA Conference 2020 kicks off, Dell Technologies announced it has entered into an agreement to sell the show’s parent organization RSA to a private equity consortium led by Symphony Technology Group (STG) for $2.1 billion. The all cash deal not only includes RSA’s conference arm, but RSA Archer, RSA NetWitness Platform,…

FireEye adds Cloudvisory to its stable

FireEye has acquired the cloud-security startup firm Cloudvisory. FireEye said the deal places a capstone on its collection of cloud security offerings enabling it to offer customers a one-stop-shopping environment for their cloud security needs. “Cloudvisory gives our customers the ability to actively auto-discover cloud assets to map their policies and relationships in Amazon AWS,…

Symantec

Broadcom flips Symantec to Accenture Security

Symantec’s Cyber Security Services business has been purchased by Accenture Security from Broadcom, almost five months to the day from when the latter firm paid $11 billion for the unit. Accenture announced the acquisition on January 7 which includes Symantec’s enterprise level business unit that operates six security operations centers located in the United States,…

Next post in Company News