Tripwire buys nCircle
Squaring the circle
IT security firm Tripwire has agreed to acquire vulnerability management specialists nCircle. Terms of the deal, announced Monday, were undisclosed.
Combining forces will allow the development of technologies that will enable senior security officers to make risk-based security decisions that align with business priorities and goals, according to a statement by the two would-be partners.
The two companies' combined sales for 2012 reached approximately $140 million; together they had over 500 employees and more than 7,000 customers in 96 countries. The Tripwire/nCircle combo – assuming the deal goes through – will compete in the security and vulnerability management market against the likes of IBM, EMC, Symantec, and McAfee.
"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 nCircle CEO Abe Kleinfeld. "The combination of Tripwire and nCircle brings together the industry's leading researchers and the broadest and deepest solutions for reducing risk." ®