AT&T is set to acquire San Mateo, Calif-based AlienVault to expand its security solutions to small and medium-sized businesses.
AT&T will combine AlienVault’s expertise in threat intelligence with AT&T’s cybersecurity solutions that include threat detection and prevention as well as response technologies and services to offer better security solutions to SMBs.
More than 61 percent of small and medium-sized businesses have been breached in the last 12 months, up from 55 percent in 2016, according to a 2017 study conducted by the Ponemon Institute.
“AlienVault’s expertise in threat intelligence will improve our ability to help organizations detect and respond to cybersecurity attacks,” said Thaddeus Arroyo, CEO of AT&T Business.
AT&T is positioned as a Leader in the IDC MarketScape for worldwide managed security services. The report cites that AT&T has made security a top focus. AT&T is making investments related to advanced threat detection and analysis, threat intelligence, virtualized security functions, and complementary services.
AT&T will continue to invest in and build on AlienVault’s foundational Unified Security Management platform and Open Threat Exchange, the world’s first and largest open threat intelligence community, as the company integrates AlienVault into AT&T’s cybersecurity suite of services.
Barmak Meftah, president and CEO of AlienVault, said: “This deal accelerates our ability to deliver on the AlienVault mission, which is to democratize threat detection and response to companies of all sizes.”
AlienVault will be a key part of AT&T’s Edge-to-Edge IntelligenceSMcapabilities, spanning from the core of a company’s network to all endpoints, to reveal actionable intelligence in near-real time.
AT&T said the deal will not have a material effect on its results. Also, the deal does not change the company’s plans to reduce its net-debt-to-adjusted-EBITDA ratio to the 2.5x range by the end of the first year after the close of Time Warner.
Earlier, AT&T announced the acquisition of AppNexus, a technology company that operates a global advertising marketplace and provides enterprise products for digital advertising – serving publishers, agencies and marketers.
