Vulnerability management firm PatchLink has agreed a deal to acquire endpoint security firm SecureWave.

Subject to the approval SecureWave shareholders, the all stock merger is expected to complete within a month. Financial terms of the deal, announced Monday, were not released.

PatchLink said its deal to acquire SecureWave is representative of the industry's move away from a "reliance of signature based policy enforcement towards a converged proactive end-point solution with centralised reporting".

The deal is the second acquisition for PatchLink in 2007, following its February purchase of the STAT Guardian Vulnerability Management Suite from Harris Corporation. ®

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