AE Industrial Partners' purchase of Paragon was reported by Israeli newspaper Haaretz to have been closed on Friday for $500 million but financial news outlet Calcalist detailed that the acquisition agreement, which will combine Paragon and Virginia-based cybersecurity firm Red Lattice, amounts to $900 million.
Such an acquisition is part of Arctic Wolf's efforts to strengthen its Aurora open-XDR platform, which will be gaining additional capabilities provided by the AI-based endpoint security technology of Cylance, with Arctic Wolf CEO Nick Schneider noting the importance of an integrated platform in combating cybersecurity risks.
For our second year now, Mike Privette, from Return on Security and the Security, Funded newsletter joins us to discuss the year's highlights and what's to come in the next 12 months. In some ways, it has been a return to form for funding, though some casualties of a tough market likely had to seek acquisition when they might have otherwise raised ...
Mission Cloud, which was mostly owned by Green Hill Partners prior to the acquisition, has provided small and medium-sized AWS clients with artificial intelligence, end-to-end cloud services, and data analytics offerings since its inception seven years ago.
This week, it's time for Security Money. Of course Okta should be in the Security Weekly 25 Index, Duh! Here are all the companies that now comprise the index: SCWX Secureworks Corp PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd. RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies, Inc. FFIV F5 Inc...
Such a purchase deal would strengthen N-able's integration of Adlumin's XDR platform, which not only determines potentially malicious network activity patterns through artificial intelligence but also identifies and prioritizes security vulnerabilities, as well as facilitates breach analysis and remediation through a managed detection and response service.
Such an acquisition, which was reported by CTech to be valued at $300 million, comes after Adaptive Shield tapped CrowdStrike's Falcon cybersecurity platform to support its security capabilities.
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