ServiceNow Purchases BrightPoint Security to Bolster Threat Response Times
Enterprise cloud solution provider ServiceNow (NOW) has acquired BrightPoint Security in an all-cash deal as it looks to help customers improve their response times to cyberthreats.
Enterprise cloud solution provider ServiceNow (NOW) has acquired BrightPoint Security in an all-cash deal as it looks to help customers improve their response times to cyberthreats.
ServiceNow announced the acquisition on Wednesday, citing a desire to augment its recently launched Security Operations cloud application with BrightPoint’s security expertise. The company said it plans to add BrightPoint Security capabilities to the application in a future release.
“This acquisition strengthens ServiceNow’s commitment to closing the gap between IT operations and security,” said Sean Convery, vice president and general manager of Security, ServiceNow, in a statement. “BrightPoint will further differentiate the connected experience that ServiceNow users have across security processes and teams.”
The deal is expected to close later this month. ServiceNow said it would reveal more details about the acquisition when it announces its second quarter financial results in the next several weeks.
“ServiceNow has spent a decade building the industry’s most advanced cloud platform for orchestration and workflow that now excels at responding to security incidents and vulnerabilities,” said Anne Bonaparte, president and CEO of BrightPoint Security. “Joining forces with ServiceNow will allow BrightPoint and our customers to realize our founding vision of delivering a closed-loop workflow for security response.”
In other company acquisition news, SolarWinds has acquired LOGICnow for an undisclosed sum, giving the company access to a whopping 20,000 MSP customers worldwide.
