MARKET MOVEMENT
ServiceNow to acquire Lightstep
Digital workflow company , ServiceNow , has announced it has signed an agreement to acquire next-generation observability leader Lightstep . By acquiring Lightstep , ServiceNow will solidify and accelerate its position as an enterprise platform for digital businesses . ServiceNow
is already a recognised market leader in IT service management , IT operations management and digital workflows .
Companies are betting on going digital in order to thrive in the 21st century , but the transition is often challenging to navigate ,” said Pablo Stern , SVP and GM , IT Workflow Products , ServiceNow . “ With Lightstep , ServiceNow will transform how software solutions are delivered to customers . This will ultimately make it easier for customers to innovate quickly . Now they ’ ll be able to build and operate their software faster than ever before and take the new era of work head on with confidence .”
The Lightstep platform provides a unified approach to observability with system-wide visibility and insights integrated across metrics , distributed traces and logs .
“ Today , observability primarily benefits the DevOps teams that build and operate mission-critical apps ,” said Ben Sigelman , CEO and Co-Founder , Lightstep . “ We ’ ve always believed that the value of observability should extend across the entire enterprise , providing greater clarity and confidence to every team involved in these modern , digital businesses .”
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Forcepoint acquires remote browser isolation innovator Cyberinc
Forcepoint , a global provider of data-first cybersecurity solutions that protect critical information and networks for thousands of customers throughout the world , has announced the company has acquired Cyberinc .
Cyberinc delivers intelligent remote browser isolation ( RBI ) technology that gives administrators granular control that enables them to minimise risk without impeding user productivity .
Today ’ s distributed enterprises amplify challenges for security teams that already must adapt to rapidly evolving hybrid workforces and ever-expanding SaaS applications . The Secure Access Service Edge ( SASE ) architecture , which reinvents fragmented networking and security products as converged , cloud-native services , provides a compelling path forward .
“ Forcepoint is executing on our vision for the industry ’ s most comprehensive data-first SASE offering that delivers risk-based data security everywhere , over every channel , to give customers consistent enforcement anywhere their people work ,” said Manny Rivelo , CEO , Forcepoint . ” The acquisition of Cyberinc ’ s Smart Isolation capabilities is the first of many investments Forcepoint will make to enhance user productivity , lower operational burdens and eliminate traditional monolithic products through a best-in-class SASE cloud service .”
The Forcepoint data-first SASE platform enables enterprises to use the cloud to transform their network and security architectures .
Samir Shah , CEO , Cyberinc , said : “ Like Forcepoint , Cyberinc understands the key to modern security is to get ahead of the threat and prevent breaches before they happen .” •
INTELLIGENT TECH CHANNELS
INTELLIGENT TECH CHANNELS Issue 40
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