MARKET MOVEMENT
Forcepoint to acquire security service edge provider Bitglass
Forcepoint , a maker of data-first security solutions , has announced the company has signed a definitive agreement to acquire security service edge ( SSE ) provider Bitglass . Bitglass delivers an integrated cloud-native SSE platform for securing access to and usage of information as organisations transform to the cloud .
According to Bitglass its SSE platform complements Forcepoint ’ s data-first SASE
Complexity is the enemy of security . IT teams today are faced with the reality that securing a hybrid work environment is even more complex than the move to work-from-home was last year . architecture and will accelerate Forcepoint ’ s efforts to make advanced data security and threat protection technologies easier for organisations to deploy and use .
“ Complexity is the enemy of security . IT teams today are faced with the reality that securing a hybrid work environment is even more complex than the move to work-fromhome was last year . With the acquisition of Bitglass , Forcepoint will be accelerating our ability to address customers ’ widespread need for enabling hybrid workforces to safely access and use information everywhere-in the web , cloud and data centre-more easily than ever before ,” said Manny Rivelo , CEO , Forcepoint .
“ When the average CISO is managing 50 plus security products of loosely connected technologies , it ’ s clear the industry is challenged and needs to change . By uniting
Manny Rivelo , CEO , Forcepoint
Bitglass and Forcepoint , we will be able to deliver the industry ’ s first integrated security platform that transforms and consolidates data security , network , web , and cloud security , threat protection , advanced monitoring ,” Rivelo said .
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Extreme Networks completes acquisition of Infovista ’ s Ipanema SD-WAN business
Ed Meyercord , President and CEO , Extreme Networks
Cloud networking vendor , Extreme
Networks , has announced it has completed the acquisition of Ipanema , the cloud-native , enterprise SD-WAN division of Infovista . The acquisition expands Extreme ’ s market-leading ExtremeCloudä portfolio , offering new cloud-managed SD-WAN and security software solutions required to power the Infinite Enterprise .
Following the acquisition , Extreme will augment its ExtremeCloud portfolio with Ipanema ’ s SD-WAN capabilities , adding more flexibility , capability and security when connecting locations , applications and devices . In addition , the acquisition establishes a second technology centre of excellence for Extreme in Europe and deepens the company ’ s customer presence in that region .
“ The close of the Ipanema acquisition accelerates our leadership position and growth opportunities in cloud networking by opening the door to new software subscription services within our ExtremeCloud portfolio . Our customers and partners have expressed great excitement about our vision and how this deal will continue to provide a competitive advantage and clear market differentiation ,” said Ed Meyercord , President and CEO , Extreme Networks .
Kristian Thyregod , Senior Vice President , Strategy and Market Development , Extreme Networks , said : “ The market response to this acquisition has been overwhelmingly positive across EMEA . Together , we ’ ll work to further cement Extreme ’ s leadership position by extending the company ’ s addressable market and scaling global innovation – helping customers reduce the complexity and costs of managing increasingly distributed networks .”
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