At a glance.
- Barracuda Networks to acquire SKOUT Cybersecurity.
- SentinelOne IPO updates.
- Executive moves at IBM.
Mergers and acquisitions.
Campbell, California-based Barracuda Networks has agreed to acquire Melville, New York-based XDR platform provider SKOUT Cybersecurity. The company stated, "With this acquisition Barracuda has entered the fast-growing XDR market with a solution optimized for MSPs."
Australian IT services company MOQ Limited has acquired Perth-based IT consultancy Dienst Consulting for $3.78 million, CRN reports. CRN says "The acquisition expands MOQ’s presence in Western Australia, increasing its staff to include 30 team members in the state."
Baltimore, Maryland-based threat intelligence firm ZeroFOX has acquired dark web cyber intelligence company Vigilante. The company stated, "Vigilante will be integrated into ZeroFox immediately, providing customers access to an exclusive Dark Ops offering that delivers clients exclusive access to the criminal underground through a team of elite dark web operatives that conduct actor attribution, asset recovery, and more."
Dallas, Texas-based mobile security company Zimperium has acquired Sunnyvale, California-based zero-trust mobile app security company whiteCryption from Intertrust. The company stated, "Zimperium will continue to support current whiteCryption customers and will integrate whiteCryption’s solutions into Zimperium’s Mobile Application Protection Suite (MAPS), creating the world’s most advanced mobile application protection solution."
Paris-headquartered cybersecurity provider Exclusive Networks has acquired England-based cybersecurity distributor Ignition Technology, Channel Futures reports. According to Channel Futures, "Exclusive says it will develop Ignition as a springboard for new vendors and technologies. It will become Exclusive Networks’ brand for new and disruptive vendors as they emerge from late-stage startup mode."
HPE has agreed to acquire Israel- and Boston-headquartered cloud management and security company Zerto for $374 million, Help Net Security reports. HPE's president and CEO Antonio Neri stated, "Zerto’s market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data and rapidly act on insights, from edge to cloud."
Investments and exits.
SentinelOne's shares have continued to rise since its very successful IPO last week. The Motley Fool states, "SentinelOne happily reported on Tuesday morning that the IPO's underwriters fully exercised their overallotment option to buy a combined total of 5.25 million shares of the company. They are paying $35 per share, which matches the IPO price."
IBM's president Jim Whitehurst is stepping down, but will continue serving as a senior advisor. Bridget van Kralingen, IBM's Senior Vice President, Global Markets, is also stepping down. She'll continue serving as Senior Vice President, Special Projects for another year before leaving IBM. Rob Thomas will fill her role as Senior Vice President, Global Markets. IBM has also appointed Tom Rosamilia as Senior Vice President, Cloud and Cognitive Software, Ric Lewis as Senior Vice President of Systems, and Kelly Chambliss as Senior Vice President, Americas and Strategic Sales, Global Business Services.
Companies in the news.
Missouri-headquartered cyber consultancy Night Lion Security has rebranded as "ShadowByte" and hired Keenan Skelly as CEO. The company says the rebranding "shifts focus from services to selling investigative products created by company founder, Dr. Vinny Troia, while investigating some of the world’s largest breaches."