Radware (NASDAQ: RDWR), a company best known for its DDoS protection and application delivery solutions, announced on Tuesday that it has acquired Seculert, a provider of cloud-based threat detection solutions.
Founded in 2010, Seculert helps enterprises detect if they have been compromised, and provides information on the attacks carried against them. The company does this through a cloud-based service that leverages a crowdsourcing and Big Data analytics platform to identify and block attacks.
According to Radware, the acquisition enhances its attack mitigation system, which will allow for advanced threat analysis with a focus on enhancing data center security.
“The Seculert acquisition allows Radware to leverage machine learning technology and its data analytics platform in order to expand our core expertise beyond attack analysis to threat analysis, which provides a panoramic view of the data center’s posture,” said David Aviv, Radware’s Chief Technology Officer. “These capabilities expand Radware’s attack mitigation from real-time and near-time to include detection of stealth attack campaigns.”
Seculert, which has received more than $15 million in funding, including a $10 million Series B round in July 2013, has offices in the U.S., the U.K., and Israel.
The terms of the acquisition were not disclosed, but Radware says the acquisition is unlikely to be material to its 2017 revenues, slightly dilutive to its fully diluted 2017 Non-GAAP EPS, and accretive to its fully diluted 2018 Non-GAAP EPS.
As part of a security startup series, SecurityWeek interviewed Dudi Matot, Seculert co-founder and former CEO, back in June 2014.
For more than 10 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.
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