Feeds

US gov IT services vendor swallows HBGary

ManTech wants to penetrate deeper into cyber-security market

Choosing a cloud hosting partner with confidence

US government IT services firm ManTech International has bought HBGary, the network forensics and malware analysis firm best known for last year's hack by Anonymous against its now-defunct sister firm, HBGary Federal.

Financial terms of the deal, announced Monday, were not disclosed other than to say it was an "asset purchase" (a distinction that means ManTech avoids taking on any of HBGary's liabilities, legal or financial).

ManTech said the acquisition would bolster its expansion into the cyber-security market. In a statement, HBGary CEO Greg Hoglund put a positive spin on the sale.

"ManTech will give HBGary significant and positive growth, expanding our opportunities. HBGary's commercial customers will benefit from the addition of ManTech's world-class incident response services, and ManTech's government business will be bolstered with a cutting edge set of products to protect mission-critical IT assets."

Former HBGary Federal CEO Aaron Barr planned to release information culled from social media on the top dogs of Anonymous at the Security BSides conference last year. But he never got the chance to give this presentation. Once news of the planned release came out, Anonymous turned the tables on HBGary Federal by hacking into its systems, defacing its website and extracting its email spools, which it then released as a torrent. The emails revealed proposals to run a dirty tricks campaign against WikiLeaks, among other embarrassing revelations.

Barr resigned in the wake of the hack while HBGary Inc was arguably damaged by association. HBGary Federal had been established with Barr as its chief exec because Barr had the contacts and security clearance to sell services to the US federal government.

By throwing its lot in with ManTech, HB Gary is trying to achieve the same ends via a different, less risky, route. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.