Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Management & Strategy

ManTech Completes Acquisition of HBGary

ManTech International announced today that it has completed the acquisition of security firm HBGary, Inc.

The HBGary brand will remain, a ManTech spokesperson told SecurityWeek, and will become part of a new commercial business unit within ManTech’s Mission, Cyber, & Intelligence Solutions (MCIS) group, led by Senior Vice President of Cyber Strategy, Ken Silva.

Financial terms of the deal were not disclosed, though ManTech said that it used available cash to finance the acquisition.

ManTech International announced today that it has completed the acquisition of security firm HBGary, Inc.

The HBGary brand will remain, a ManTech spokesperson told SecurityWeek, and will become part of a new commercial business unit within ManTech’s Mission, Cyber, & Intelligence Solutions (MCIS) group, led by Senior Vice President of Cyber Strategy, Ken Silva.

Financial terms of the deal were not disclosed, though ManTech said that it used available cash to finance the acquisition.

In February 2011, former HBGary CEO Aaron Barr stepped down from his position at HBGary Federal following an attack by Anonymous that exposed thousands of sensitive company emails. The attack came as a result of Barr’s claims that he had identified and planned to out several members of the hacking collective. Subsequently, HBGary pulled out of its planned participation in the 2011 RSA Conference, not only pulling out of scheduled talks, but also leaving an empty booth on the tradeshow floor. The company said the move to pull out of RSA was to protect employees after several threats were received.

ManTech also found itself a victim of attacks coming from Anonymous when certain systems were breached back in July 2011. In this case, the incident was related to a contract the IT services firm had with the FBI, in an attack that was in protest of FBI arrests of alleged members of Anonymous.

Regardless of the bumps in the road, ManTech and HBGary see the combination as a win-win situation. “The combination of ManTech and HBGary will create a broader cyber security solution capability for both our commercial and government customers,” said L. William Varner, president and chief operating officer of ManTech’s Mission, Cyber, and Intelligence Solutions group. “I am excited to welcome HBGary to my organization and look forward to expanding our opportunities in protecting cyberspace and developing new capabilities.”

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem