Sophos, the British security software company has made it official that it has acquired Cloud security startup Avid Secure Inc for an undisclosed price. Likely, Sophos is planning to integrate AI-powered cloud security analytics offered by Avid Secure into its product offerings to emerge as a leader in public cloud offerings.
Founded in the year 2017, the San Francisco based AI startup is known to offer compliance and DevSecOps infrastructure topped with AI-powered analytics. It specializes in offering ‘end to end protection’ in public cloud services across Amazon Web Services(AWS), Microsoft Azure and Google Cloud Platform.
“We welcome the Avid Secure team to Sophos and are excited to bring their transmutational technology into our portfolio, strengthening our cognition to offer the best protection for our customer’s data on endpoints and networks -means wherever the services are hosted”, said Dan Schiappa, Senior Vice President and GM of products at Sophos.
“Avid Secure which revolutionized the security of public cloud environments is all set to join Sophos to help in their mission of evolving Cybersecurity into intelligence and integrated system presented with a perfect engineering vision”, said Nikhil Gupta, CEO, and Co-Founder at Avid Secure.
Note 1- Founded in the year 2017, California based Avid Secure is known to amalgamate the power of AI and automation to simplify compliance, governance, and security monitoring for public clouds.
Note 2- Sophos offers products related to encryption, communication endpoint, network security, email security, mobile security, and Unified Threat Management. Since the year 2017, the company is on an acquisition spree as it acquired an endpoint security solutions startup Invincea Inc for $100 million in Feb last year and is targeting a data center solutions provider by 3Q of 2019.
The post Cloud Security startup Avid Secure acquired by Sophos appeared first on Cybersecurity Insiders.
January 09, 2019 at 09:02PM
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