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4/2/2019
08:30 AM
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Rapid7 Buys Network Monitoring Firm NetFort

New technology will be integrated into Rapid7's cloud-based security analytics platform.

Security analytics and automation vendor Rapid7 today announced its acquisition of NetFort, a network monitoring company.

Rapid7, which over the past few years has evolved from a vulnerability scanning and management vendor to a provider of security analytics, orchestration, and automation for prevention and detection of attacks, plans to fold NetFort's network monitoring and analytics technology into the Rapid7 Insight service.

"We were immediately impressed by NetFort's technology and the deep network protocol expertise inherent across the team," said Lee Weiner, chief product officer at Rapid7. "By bringing NetFort's network data and analytics to our own platform, we enhance security analysts' capability to unearth risk, detect attacks, and investigate incidents more effectively."

Financial details of the deal were not disclosed.

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MarkSindone
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MarkSindone,
User Rank: Moderator
4/17/2019 | 1:29:01 AM
Acquire and incorporate
We see mergers and acquisitions all the time across various companies usually within the same industry. Most often than not, such movements occur when businesses need what the other party has to offer and it is cheaper to simply buy them over before incorporating what is needed.
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