Intelligent Tech Channels Issue 26 | Page 56

MARKET MOVEMENT IsoMetrix acquired to create partnership with NOSA management solutions provider NOSA – another recent Carlyle Group acquisition. IsoMetrix and NOSA will continue to operate independently. However, they will collaborate in developing and cross-selling to T he Carlyle Group, a global investment firm with US$223 billion of assets under management, has acquired a majority stake in IsoMetrix, a leading Environmental, Health and Safety (EHS) software vendor, through their US$698 million Carlyle Africa (Buyout) Fund. Madison Park Group served as exclusive financial advisor to IsoMetrix on the transaction and existing shareholders and management retain a significant stake in the business. The investment will equip IsoMetrix for further growth, enabling the company to compete more aggressively for outright leadership within the EHS and integrated risk management software arena through accelerated software development. The acquisition also offers synergies with occupational health and safety (OHS) risk enterprise clients across mining, oil and gas, power and transport sectors offering a suite of technology-enabled managed solutions designed to address environmental and occupational health and safety risks. IsoMetrix has an office in South Africa and was recently included in the 2019 Verdantix EHS Leaders Quadrant. The Carlyle Group will support the continued growth of IsoMetrix and NOSA through its Sub- Saharan Africa fund and its global network. |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| McAfee to acquire NanoSec to enhance cloud security capabilities level segmentation for detecting and preventing lateral movement of threats. Rajiv Gupta, Senior Vice President and General Manager of the cloud security business unit at McAfee, said NanoSec’s technology was a ‘natural extension’ for McAfee MVISION Cloud. Terms of the acquisition were not disclosed. 56 cAfee, the device-to-cloud cybersecurity company, has announced the acquisition of NanoSec, a multi-cloud, zero-trust application and security platform. The acquisition will enable organisations to improve governance and compliance and to reduce risk of their cloud and container deployments. Organisations are increasingly looking to adopt container technologies to help modernise legacy applications and create new cloud-native applications that are scalable and agile. The acquisition of NanoSec will strengthen the container security capabilities of McAfee MVISION Cloud and MVISION Server Protection products, giving its customers the ability to speed up application delivery while enhancing governance, compliance and security of their hybrid, multi-cloud deployments. NanoSec’s security capabilities will be applied to M e Pr es ide nt a nd Gene ral Manager of th e c y rit cu se d lou applications and workloads deployed in containers and Kubernetes and will be integrated into McAfee MVISION Cloud and MVISION Server Protection offerings. These capabilities include continuous configuration compliance and vulnerability assessment as well as runtime application- These capabilities include continuous configuration compliance and vulnerability assessment as well as runtime application-level segmentation for detecting and preventing lateral movement of threats.