Boeing [NYSE: BA] today announced an agreement to acquire Sunnyvale, California based Narus, a provider of network traffic and analytics software used to protect against cyber attacks and threats aimed at large networks.
The acquisition follows an existing partnership between the two companies and will help expand Boeing’s cybersecurity capabilities. In addition, Narus’ network-centric technology will be applied to Boeing’s smart grid energy work, the secure networking of Boeing’s ground, air and space products, and the defense of the Boeing network.
Privately held Narus employs approximately 150 people globally. Narus will operate within Boeing’s Network & Space Systems business as a wholly owned subsidiary.
“This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity,” said Roger Krone, president of Boeing Network & Space Systems, a business within the Boeing Defense, Space & Security (BDS) operating unit.
A unit of The Boeing Company and Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.