Big tech firms make purchases in 2016 to gain a foothold in cybersecurity sector
In the past two months we have witnessed large companies seeking to strengthen their position in the cyber security market.
The purchase will make IBM the industry's first platform capable of combining analytics, forensics, vulnerability management and incident response, as Resilent offers its clients a plan to deal with attacks after they occur.
IBM has also just launched IBM X-Force Incident Response Services to help clients plan, manage and respond to cyber-attacks, in which the Resilent platform will be a key component.
Last April, Orange bought Lexsi, a cybersecurity company specialising in "threat intelligence" owned by Argos Soditic.
Orange has identified cybersecurity as one of its strategic priorities, has a subsidiary, Orange Cyberdefense, with more than 1,000 employees with expertise in different aspects of cybersecurity and has a customer base of more than 600 customers.
In Spain, Prosegur bought in March the Portuguese firm Dognaedis, which provides managed information security and data protection services. The company has clients primarily in the financial and telecommunications sectors, and also provides cybersecurity services for governments and defence departments.
Prosegur's Cybersecurity area is experiencing strong development since its implementation in 2014. With a presence in four countries, this division expects to double its workforce in 2016. Currently, the services Prosegur offers in the field of cybersecurity include: managed security, including monitoring and correlation with latest generation SIEM technology, vulnerability management, application security analysis, permanent protection of any brand on the Internet and cyber intelligence, which also includes protection against digital fraud.
Cybersecurity grand rounds in 2015
Investment in cybersecurity companies has grown from 2011 to 2015 from $ 1.1B to $ 3.8B, a growth of 235 % in the last 5 years. This increase is due, among other things, to the fact that large rounds were closed in 2015.
The cybersecurity firm for business and government network security monitoring, Tenable Network Security, based in Maryland, raised $$250 M in a round led by Insight Venture Partners. The round will be used for product development and international expansion.
Tanium, a network protection startup, raised $211M in 3 rounds of funding in 2015. Investors include Andreessen Horowitz
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