{"id":646358,"date":"2013-03-12T11:49:00","date_gmt":"2013-03-12T15:49:00","guid":{"rendered":"https:\/\/www.pehub.com\/?p=190656"},"modified":"2013-03-12T11:49:00","modified_gmt":"2013-03-12T15:49:00","slug":"tripwire-buys-ncircle","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/646358","title":{"rendered":"Tripwire Buys nCircle"},"content":{"rendered":"

Tripwire Inc.<\/strong>, a provider of IT security software, is buying information risk and security performance management company nCircle<\/strong>. Terms were not released. Tripwire is backed by Thoma Bravo<\/strong>. The acquisition was financed in part by Thoma Bravo, along with cash from Tripwire\u2019s own earnings and bank loans, the firm said.<\/p>\n

PRESS RELEASE
\n<\/strong>Tripwire, Inc., a global provider of IT security solutions, today announced it has entered into a definitive agreement to acquire nCircle, a leading provider of information risk and security performance management solutions. The acquisition is expected to close in April and is subject to the customary closing conditions. The terms of the acquisition are not being disclosed.<\/p>\n

\u201cTripwire and nCircle have the opportunity to be a powerful and transformational combination in the rapidly changing security market,\u201d said Jim Johnson, CEO of Tripwire. \u201cOur combined solutions are uniquely positioned to align security posture with business objectives, a crucial step in making security and risk meaningful and actionable across the enterprise.\u201d<\/p>\n

In 2012, the two companies\u2019 combined bookings were approximately $140 million, together they had over 500 employees and more than 7,000 customers in 96 countries. The combined company would have ranked among the largest security and vulnerability management companies in this competitive space including IBM, EMC, Symantec and McAfee. Tripwire is highly profitable with a customer base that includes nearly 50% of the Fortune 500.<\/p>\n

\u201cSecurity experts know that continuous monitoring \u2014 the process of finding and eliminating vulnerabilities before they can be exploited \u2014 is a foundational component of any security framework and the most cost effective way to reduce the risk of security breaches,\u201d said Abe Kleinfeld, CEO of nCircle. \u201cThe combination of Tripwire and nCircle brings together the industry\u2019s leading researchers and the broadest and deepest solutions for reducing risk.\u201d<\/p>\n

Today, cyber security is more than an IT problem, the convergence of security and risk now impacts the entire enterprise and executives are demanding risk-based security solutions. Following the acquisition of nCircle, Tripwire\u2019s combined solutions will enable senior security officers to make risk-based security decisions aligned with business priorities and goals.<\/p>\n

In a Gartner Inc. report titled Meeting the Information Needs of the Chief Risk Officer in 2023 analysts Paul E. Proctor and Rob McMillan said, \u201cChief Risk Officers will have the benefit of an engaged executive team, but the challenge of a constantly shifting universe of risk to present and prioritize for stakeholders. To manage their responsibilities they will need new knowledge, tools and techniques for gathering, assessing and presenting information.\u201d<\/p>\n

“It\u2019s difficult to mitigate attacks without understanding vulnerabilities and assessing that resources allocated to IT security are spent wisely,\u201d said Charles Kolodgy, research vice president, security products at IDC. \u201cOrganizations must also be able to maintain an optimal security posture. The combined solutions will enable Tripwire to advance the state of the art in risk-based security management.\u201d<\/p>\n

About nCircle
\nnCircle is the leading provider of information risk and security performance management solutions to more than 6,500 businesses and government agencies worldwide. nCircle solutions enable enterprises of all sizes to (1) automate compliance and reduce risk, and (2) measure and compare the performance of their IT security program with their own goals and industry peers. nCircle solutions may be deployed on a customer\u2019s premises, as a cloud-based service, or in combination, for maximum flexibility and value.<\/p>\n

About Tripwire, Inc.
\nTripwire is a leading global provider of IT security and compliance solutions for enterprises, government agencies and service providers who need to protect their sensitive data on critical infrastructure from breaches, vulnerabilities, and threats. Thousands of customers rely on Tripwire’s critical security controls like security configuration management, file integrity monitoring, log and event management. Tripwire solutions provide integrated controls for unprecedented visibility and intelligence into business goals.<\/p>\n

The post Tripwire Buys nCircle<\/a> appeared first on peHUB<\/a>.<\/p>\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

Tripwire Inc., a provider of IT security software, is buying information risk and security performance management company nCircle. Terms were not released. Tripwire is backed by Thoma Bravo. The acquisition was financed in part by Thoma Bravo, along with cash from Tripwire\u2019s own earnings and bank loans, the firm said. PRESS RELEASE Tripwire, Inc., a […]<\/p>\n","protected":false},"author":7427,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-646358","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/646358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7427"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=646358"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/646358\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=646358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=646358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=646358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}