14 DAY TRIAL // Security solutions provider Tripwire has entered a definitive agreement to acquire information risk and security performance solutions provider nCircle. The terms of the agreement have not been disclosed, but the acquisition is expected to be completed in April.
“Tripwire and nCircle have the opportunity to be a powerful and transformational combination in the rapidly changing security market,” commented Jim Johnson, CEO of Tripwire.
“Our combined solutions are uniquely positioned to align security posture with business objectives, a crucial step in making security and risk meaningful and actionable across the enterprise.”
Last year, the two companies combined had over 7,000 customers, located in 96 countries, 500 employees, and bookings of around $140 million (104 million EUR). It’s worth noting that almost 50% of Tripwire’s customers are Fortune 500 companies.
“Security experts know that continuous monitoring — the process of finding and eliminating vulnerabilities before they can be exploited — is a foundational component of any security framework and the most cost effective way to reduce the risk of security breaches,” said Abe Kleinfeld, CEO of nCircle.
“The combination of Tripwire and nCircle brings together the industry’s leading researchers and the broadest and deepest solutions for reducing risk.”