The acquisition advances Symantec’s strategy of buying born-in-the-cloud security startups and folding their technologies into its platform to unify cloud and on-premises security.
Nicolas Noviello joined Symantec following its $4.65 billion acquisition of his old firm Blue Coat in 2016.
The products are focused on managed endpoint detection and response, enhanced EDR 4.0, endpoint protection, and hardening capabilities.
SDxCentral Weekly Wrap for Dec. 7, 2018: Huawei deals with a new scandal, Symantec's shakeup continues, and more of what you missed this week.
The executive team shakeup caps a tumultuous year for the company that recently concluded an internal investigation into financial disclosures and announced plans to cut about 8 percent of its global workforce.
The two acquisitions will boost the company's mobile and enterprise credentials, particularly with regard to Active Directory and mobile application security.
After a disappointing first quarter Symantec needs these cloud security updates to boost its bottom line and clout with enterprise customers.
The layoffs will target about 900 employees and are part of a larger restructuring plan to save about $115 million annually.
The Silver Peak security alliance ecosystem enables customer to choose from eight different security offerings.
Newly discovered capabilities mean hackers can snoop on web traffic and execute man-in-the-middle attacks before killing the device.
The move essentially redirects the malware’s attacks to an FBI-controlled server.
The mysterious probe isn’t related to a breach or any security concern about its products.
This technology uncovered last year’s Dragonfly 2.0 attacks targeting energy companies to gain access to the power grid.
Cryptojacking exploded last year, according to Symantec. Its annual security report found cryptocurrency coin mining grew by a whopping 8,500 percent in 2017.
Symantec, Skyhigh Networks (recently acquired by McAfee), and Netskope are leading vendors.