Juniper to Acquire Cyphort
Juniper Networks said that it plans to acquire start-up cybersecurity firm Cyphort, to shore up its own cyber-portfolio—including its virtualized security offerings.
Santa Clara-based Cyphort offers advanced threat detection, analytics and mitigation, which will be integrated with Juniper’s Sky advanced threat protection (ATP) product line. Juniper said that customers can expect improved performance, an increased range of supported file types and additional threat detection capabilities (e.g., on- and off-premises support, cloud email, analytics and improved malware detection).
It complements traditional security information and event management (SIEM) platforms, but Cyphort’s technology also rests on a combination of behavioral analytics and machine-learning that can work across virtual infrastructure and cloud environments. As such, it will complement Juniper’s Software-Defined Secure Network portfolio. It offers NGFW as-a-service combined with real-time threat intelligence, aggregated into a common, cloud-based service that offers dynamic distribution of updated policies and remediation countermeasures.
“As cloud-based ATP is becoming a critical feature of next-generation firewalls (NGFW), Juniper intends to be a leader in the NGFW space as it’s critical to our Software-Defined Secure Network vision,” said Kevin Hutchins, Juniper’s senior vice president of strategy, in a blog.
The acquisition is expected to close within the next month. Terms of the deal were not disclosed, but Cyphort has drawn $53.7 million to date in venture capital, across four rounds.
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Source: Information Security Magazine