MARKET MOVEMENT
Tenable to acquire Ermetic , a cloud-native application protection platform
Tenable announced that it has signed a definitive agreement to acquire Ermetic , a fully integrated cloud-native application protection platform , CNAPP and a provider of cloud infrastructure entitlement management , CIEM . Tenable intends to integrate these capabilities into its Tenable One Exposure Management Platform to deliver market-leading contextual risk visibility , prioritisation and remediation across infrastructure and identities , both on-premises and in the cloud .
“ We will have an opportunity to put additional market-leading cloud security capabilities into the hands of tens of thousands of customers ,” said Amit Yoran , Chairman and Chief Executive officer , Tenable . “ Together , we will be able to deliver a holistic view of the modern attack surface and help organisations reduce exposure and risk , using identity as an essential foundation .”
Ermetic ’ s CNAPP delivers in-depth contextual analysis in simple terms and reveals toxic combinations , such as privileged access to publicly-exposed vulnerable workloads . Seamlessly combining Ermetic ’ s insights into Tenable One will extend Tenable ’ s offerings for hybrid environments .
In the public cloud , identities and entitlements are the greatest risk to cloud infrastructures and one of the hardest problems to solve . In fact , according to the 2022 Top Cloud Threats report by the Cloud Security Alliance , security experts cite identity-based threats as the top cloud security issue they face .
Amit Yoran
Expanding Tenable ’ s cloud security offering with Ermetic ’ s unified , multi-cloud CNAPP and industry-leading CIEM will give security teams context and prioritisation guidance to make efficient and accurate remediation decisions . The highly-intuitive user interface will make it easy for security professionals of all cloud expertise levels to spot and quickly address risks .
With clear remediation instructions provided , security teams will no longer need to be cloud security experts to understand where the most urgent risks exist and what to do about them .
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Vertiv to acquire shares of CoolTera , provider of datacentre liquid cooling
Vertiv announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera , a provider of coolant distribution infrastructure for datacentre liquid cooling technology and certain assets , including certain contracts , patents , trademarks , and intellectual property from an affiliate of CoolTera .
Founded in 2016 and based in the UK , CoolTera provides liquid cooling infrastructure solutions , and designs and manufactures coolant distribution units , CDU , secondary fluid networks , SFN , and manifolds for datacentre liquid cooling solutions . CoolTera and Vertiv have been technology partners for three years with multiple global deployments to datacentres and super compute systems . The acquisition of CoolTera brings advanced cooling technology , deep domain expertise , controls and systems , and manufacturing and testing for high density compute cooling requirements to Vertiv ’ s already robust thermal management portfolio , as well as key industry partnerships already in place across the ecosystem for such applications . CoolTera has a proven track record of engineering excellence and strong customer service supported by a team of highly qualified , proven liquid cooling engineers .
“ This bolt-on technology acquisition is consistent with our long-term strategic vision for value creation , and further strengthens our expertise in high-density cooling solutions ,” said Giordano Albertazzi , Chief Executive Officer , Vertiv . “ And while the purchase price is not material to Vertiv , the acquisition is essential to further reinforce our liquid cooling portfolio , enhancing our ability to serve the needs of our global datacentre customers and strengthening
Giordano Albertazzi
our position and capabilities to support the needs of AI at scale .”
“ It was a logical decision to join the Vertiv family ,” said Mark Luxford , CoolTera ’ s Managing Director . “ We are excited to join the provider in datacentre thermal management . Vertiv has demonstrated the ability to scale technologies at a pace that is needed for AI deployment .” •
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