The acquisition is the latest in a consolidating managed security-services market.
MCI on Thursday entered into an agreement to acquire managed security-services company NetSec Inc. for $105 million cash. The companies expect the transaction to be completed within 30 days.
NetSec's flagship product, Finium, takes security related information from security devices, such as firewalls, intrusion-detection systems, and vulnerability scanners, and correlates that information against a database of known threats, providing organizations with a better view into how their security defenses will fend off attacks.
Consolidation has been under way for years in the managed security-services market. Among the largest deals were Symantec's 2002 acquisition of Riptech for $145 million; VeriSign's 2003 acquisition of Guardent for $140 million; and the merger of TruSecure and Betrusted Holdings in November to form CyberTrust, with combined annual revenue of about $160 million.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Infographic: The State of DevOps in 2017Is DevOps helping organizations reduce costs and time-to-market for software releases? What's getting in the way of DevOps adoption? Find out in this InformationWeek and Interop ITX infographic on the state of DevOps in 2017.
IT Strategies to Conquer the CloudChances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.