MARKET MOVEMENT
Kaspersky buys Brain4Net to boost its XDR platform with orchestrated SASE
Cybersecurity vendor Kaspersky has acquired Brain4Net in a move the vendor said will boost its XDR platform with orchestrated SASE . By acquiring Brain4Net , Kaspersky aims to bring a completely new SASE offering to the market as a unified platform which will combine its best-in-class security solutions and technologies with Brain4Net ’ s network orchestration and control capabilities and expertise .
According to Kaspersky , the acquisition will also allow it to evolve its existing solutions into full-scale Extended Detection and Response ( XDR ).
“ We are excited to join forces with Brain4Net ’ s talented team who have already built mature world-class technologies and services for network orchestration and control . I ’ m confident that their knowledge and experience , combined with Kaspersky ’ s most awarded security technologies and recognised threat expertise will blend perfectly with our vision for corporate security , while new offerings will help security officers speed up threat detection , investigation and remediation , reducing mean time to response ,” said Andrey Efremov , Chief Business Development Officer , Kaspersky .
Max Kaminskiy , CEO and Co-Founder , Brain4Net , added : “ We are delighted to join the Kaspersky team . The spread of SD-WAN technology needs a strong business scenario , that is why we are partnering with Kaspersky XDR . Brain4Net ’ s choice of technologies confirms the high level of the company ’ s products and competencies . Together we will continue to make the world a safer and more comfortable place .”
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Infobip signs definitive agreement to purchase Peerless Network and raises additional US $ 500m
Infobip Group , a global cloud communications platform company for customer engagement and leader in CPaaS solutions , has announced that it has entered into a definitive agreement with global VoIP provider Peerless Network , marking Infobip ’ s fourth acquisition in under a year .
The transaction is expected to complete upon receipt of regulatory approvals in 2022 and will be financed with a combination of Infobip shares and cash . Peerless Network management will roll parts of its holdings into Infobip .
Silvio Kutić , CEO , Infobip , said : “ Today ’ s announcement accelerates our international growth strategy by several years . Financially , strategically and operationally , this is very positive . The acquisition enables Infobip to continue to grow business in the US , in sync with Peerless Network ’ s strategy . Our current and future customers will benefit from access to the most comprehensive suite of SaaS enabled CPaaS software available in the market on one single platform .”
John Barnicle , CEO , Peerless Network , said : “ We ’ re thrilled about the immense opportunity this combination unlocks , enabling us to expand services , capabilities and offer scale to our customers . This acquisition will , among other things , enable Peerless Network to comprehensively support its customers with their international needs outside of US .”
Silvio Kutić , CEO , Infobip
Founded a few years apart in the mid-2000s , both companies have experienced high-growth and are truly innovative in their respective approaches to the market . •
INTELLIGENT TECH CHANNELS Issue 46 59