Secunia, a Copenhagen, Denmark provider of vulnerability management solutions said on Tuesday that it bas been acquired by enterprise software firm Flexera Software for an undisclosed sum.
Flexera, which sells software licensing, compliance, security and installation solutions for application producers and enterprises, says Secunia’s Software Vulnerability Management solutions are synergistic with Flexera’s Software License Optimization solution and “underscore the critical relationship” between Software Asset Management (SAM) and cybersecurity.
“As cybersecurity threats continue to grow, leading companies will not only proactively manage these threats but will also integrate Software Vulnerability Management into core software asset management processes,” said Mark Bishof, Flexera Software’s Chief Executive Officer. “Secunia’s products deliver the Software Vulnerability Management capabilities enterprises urgently need today while complementing our existing market-leading solutions for Software License Optimization and Application Readiness.”
“Flexera Software is changing the game by connecting the strategic dots between Software Asset Management and cybersecurity,” Flexera said in a joint press release. “And by harnessing the synergies between SAM and Software Vulnerability Management, Software License Optimization takes on even greater critical importance in centralizing core software asset management functions while minimizing software spend, software license non-compliance, and cybersecurity risk. Organizations will be able to leverage asset management insights combined with vulnerability data to rapidly address the most relevant cybersecurity threats. Other IT disciplines will all immediately benefit from the success and maturity of Software License Optimization and IT asset management processes that are developed and applied for cybersecurity.”
Founded in 2002 with $25,000 in startup capital, Secunia counts Fortune 500 and Global 2000 businesses among its customer base.
“Being a part of Flexera Software represents the next stage of growth for Secunia’s employees, customers and partners,” said Peter Colsted, Secunia’s Chief Executive Officer. “The synergies from this acquisition will enable enterprises to more proactively address cybersecurity threats as a core part of their processes for managing application usage.”