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Sourcefire Acquires Immunet for $21 Million Cash

Sourcefire Acquires Immunet Adding Cloud-Based Anti-Malware Technology to its Portfolio

Sourcefire announced late today that is has acquired Immunet, a cloud-based anti-malware technology company. Under the agreement, Sourcefire will pay $21 million in cash for Immunet, including $17 million up front and $4 million over the next 18 months upon achievement of delivery milestones.

Sourcefire Acquires Immunet Adding Cloud-Based Anti-Malware Technology to its Portfolio

Sourcefire announced late today that is has acquired Immunet, a cloud-based anti-malware technology company. Under the agreement, Sourcefire will pay $21 million in cash for Immunet, including $17 million up front and $4 million over the next 18 months upon achievement of delivery milestones.

Sourcefire Acquires Immunet

The acquisition expands Sourcefire’s security solutions portfolio – adding a cloud platform for delivery of malware protection – and extending the company’s real-time detection and prevention solutions.

Immunet combines the collective intelligence of a growing user community, the speed of cloud computing, advanced data mining, and machine learning technologies. This acquisition will help Sourcefire provide endpoint protection from client-side attacks and Advanced Persistent Threats.

“Immunet is a disruptive innovator in delivering cloud-based security solutions with over 750,000 users in 192 countries,” said John Burris, CEO of Sourcefire. “This acquisition enables Sourcefire to accelerate our cloud initiatives and provides significant value to customers by protecting them against advanced client-side attacks.”

Sourcefire will retain all fulltime Immunet personnel, including founders Oliver Friedrichs, Alfred Huger and Adam O’Donnell. Immunet employees will join Sourcefire within the Office of the CTO.

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