Qualys snaps up NetWatcher security assets

Qualys has declared plans to accumulate NetWatcher assets to boost the firm's cloud security offerings.

Earlier in the week, the Foster town, Calif.-based firm same that it's entered AN plus purchase contract with network security company NetWatcher to get specific technologies.


NetWatcher offers network security watching software system which mixes vulnerability management, intrusion detection, activity watching, security info and event management (SIEM), threat intelligence and watching in period.

Qualys hopes that this technology, that additionally picks au fait weak watchword use, unsafe behavior and out-of-date software system, can improve the firm's cloud platform and incident response.

The agreement are created through a money dealings. more monetary details haven't been disclosed.

In a announcement, Qualys same the NetWatcher service is anticipated to be totally integrated into the Qualys cloud platform among following twelve months.

"Built on open supply parts, NetWatcher has created a comprehensive cybersecurity and threat intelligence agency that helps businesses of all sizes effectively manage cyber threats, offer incident response, and manage compliance across on-premise, hybrid and cloud environments," same Philippe Courtot, Chairman and Qualys chief operating officer. "Native integration of Netwatcher into the Qualys Cloud Platform permits North American country to deliver its capabilities at enterprise scale, serving to North American country expand our reach the period threat intelligence market and strengthen our relationships with managed Security Service suppliers, WHO can supply and deliver this service to their purchasers worldwide."

Under the terms of the agreement, NetWatcher's team are incorporated into Qualys, and NetWatcher chief operating officer Scott Suhy has been appointed vice chairman of Strategic Alliances and Business Development for Qualys.

NetWatcher founder and CTO Kenneth Shelton can become vice chairman of Engineering for the Qualys period Threat Correlation platform.

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Existing NetWatcher customers can still be able to use the service, and therefore the acquisition isn't expected to impact future Qualys financials.

This week, Accenture snapped up a minority stake in quantum computing startup 1QBit, that develops machine learning algorithms and software system for quantum computing.