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AT&T to Buy AlienVault

Terms of the deal – which closes in Q3 – were not disclosed.

AT&T today announced that it will acquire threat intelligence company AlienVault in a move to extend its security offerings to small-to-midsized organizations.

While terms of the deal were not disclosed, AT&T said it plans to invest in the evolution of AlienVault's Unified Security Management platform and Open Threat Exchange community, and the integration of AlienVault's offerings into AT&T's.

"Regardless of size or industry, businesses today need cyber threat detection and response technologies and services," said Thaddeus Arroyo, CEO of AT&T Business, in a statement. "AlienVault's expertise in threat intelligence will improve our ability to help organizations detect and respond to cybersecurity attacks. Together, with our enterprise-grade detection, response and remediation capabilities, we're providing scalable, intelligent, affordable security for business customers of all sizes."

AT&T said the acquisition is scheduled to close in the third quarter of this year.

Read more here

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