Trustwave to acquire M86 Security
Mar 07, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
Trustwave Holdings, Inc., a provider of information security and compliance management solutions, has signed a definitive agreement to acquire M86 Security, a provider of web and email content security solutions. Both the companies are based in the US.
Earlier, M86 Security had secured venture funding from Updata Partners.
M86 Security has approximately 300 employees worldwide.
The acquisition is expected to close in March 2012.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2012-03-06
Target (Company) M86 Security (formerly Marshal8e6)
Acquirer (Company) Trustwave Holdings, Inc.
Vendor (Company) Undisclosed Vendors
The acquisition will allow Trustwave to add web security to one of the industry's comprehensive security product portfolios including its compliance, application, network and data security solutions and strengthens its cloud and managed security services.
In addition, the acquisition will enable Trustwave to gain web and email security products, malware detection technology, broader threat intelligence and security research, new managed secure web gateway based on its managed security services, and customers and channel partners.
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