Cloud cybersecurity leader Forcepoint is continuing its M&A spree this year with its latest acquisition of Silicon Valley startup, Bitglass.
Bitglass delivers a cloud-native security service edge (SSE) platform that secures access to and usage of information as organisations undergo transitioning to the cloud.
Forcepoint plans to use the platform to complement its data-first secure access service edge (SASE) architecture.
The expectation is that this move will accelerate efforts to make data security and threat protection technologies easier for organisations to deploy and use.
Manny Rivelo, CEO of Forcepoint, said the acquisition will give Forcepoint new ways to help customers secure data in increasingly hybrid work environments.
“Complexity is the enemy of security. IT teams today are faced with the reality that securing a hybrid work environment is even more complex than the move to work-from-home was last year,” he said.
“When the average CISO is managing over 50 security products of loosely connected technologies, it’s clear the industry is challenged and needs to change. By uniting Bitglass and Forcepoint, we will be able to deliver the industry’s first integrated security platform that transforms and consolidates data security, network, web, and cloud security, threat protection, advanced monitoring, and zero trust control to make access to and usage of information more effective, more reliable, and less complex,” he added.
Forcepoint also acquired cybersecurity firms Cyberinc and Deep Secure earlier this year.
The Bitglass deal is expected to close before the year’s end. Financial terms were not disclosed.
Find out more about Digital Transformation Week North America, taking place on November 9-10 2021, a virtual event and conference exploring advanced DTX strategies for a ‘digital everything’ world.
Bitglass, Forcepoint, M&A, SASE, SSE
Your email address will not be published. Required fields are marked *
Cloud Tech promotes industry thought leadership content from industry brands, businesses and analysts, partnering with writers and bloggers to deliver insight and advice on cloud IT strategy to our extensive audience of CIOs and IT managers.
Covering SaaS news, cloud computing jobs, virtualization strategy, cloud apps and enterprise IT, private and public cloud, system security, cloud apps, CRM and cloud communications, Cloud Tech provides the latest insight that enables CIOs to make informed decisions about IT strategy.
Copyright © 2021 Cloud Computing News. All Rights Reserved.
Not subscribed / a member yet?
Step 1 of 3
Already a member / subscriber?