At a glance.
- HPE to acquire Juniper Networks for $14 billion.
- Delinea acquires Authomize
- ExtraHop secures $100 million.
- Crimson Phoenix acquires Cyberspace Solutions.
Mergers and acquisitions.
Hewlett Packard Enterprise (HPE) has agreed to buy Juniper Networks for approximately $14 billion, CNBC reports. HPE said in a press release, "The acquisition is expected to double HPE’s networking business, creating a new networking leader with a comprehensive portfolio that presents customers and partners with a compelling new choice to drive business value. The explosion of AI and hybrid cloud-driven business is accelerating demand for secure, unified technology solutions that connect, protect, and analyze companies’ data from edge to cloud. These trends, and AI specifically, will continue to be the most disruptive workloads for companies, and HPE has been aligning its portfolio to capitalize on these substantial IT trends with networking as a critical connective component." The company added, "Upon completion of the transaction, Juniper CEO Rami Rahim will lead the combined HPE networking business, reporting to HPE President and CEO Antonio Neri."
Privileged access management provider Delinea (formerly ThycoticCentrify) has acquired Israeli identity threat detection and response firm Authomize, SecurityWeek reports.
Crimson Phoenix, a data analytics platform backed by Godspeed Capital Management, has acquired Cyberspace Solutions. The company stated, "The acquisition brings Crimson Phoenix additional prime contracts and relationships with the US Special Operations Command and the Defense Intelligence Agency. In connection with the transaction, industry finance veteran Scott Crane will join Crimson Phoenix as chief financial officer."
MC2 Security Fund, an affiliate of The Chertoff Group, has completed its acquisition of managed detection and response provider Trustwave. GovConWire quotes Eric Harmon, CEO of Trustwave, as stating, "This strategic partnership with MC2 and The Chertoff Group serves as a testament to our ongoing innovation and commitment to delivering unparalleled cyber value."
Investments and exits.
Seattle-based network detection and response firm ExtraHop has secured $100 million in growth capital from existing investors. The company has also added Marc Andrews as Chief Revenue Officer and Kanaiya Vasani as Chief Product Officer. Greg Clark, CEO of ExtraHop, and Managing Partner at Crosspoint Capital Partners, stated, "ExtraHop is committed to building upon its heritage of developing groundbreaking technology to help customers better manage and mitigate their cyber risk. We believe this investment will further accelerate the company’s roadmap as it delivers essential tools to combat today’s modern threats."
Executive moves.
DeNexus has appointed Luis Javier Sahuquillo as Chief Financial Officer.
Veriti has hired Scott Kasper as Chief Revenue Officer.
Abnormal Security has hired Jonathan Corini as Head of Channel Sales, CRN reports.
SYN Ventures has appointed Tim McKnight as Operating Partner.
Claroty has added Chris Inglis, former US National Cyber Director, to its advisory board.
Ballistic Ventures has added security researchers Jaime Blasco and Marshall Heilman as threat intelligence advisors.
