The global cyber security space has received two important news today — McAfee buying Skyhigh Networks and Trend Micro’s acquisition of Immunio.
Both McAfee and Trend Micro did not reveal financial details of the deals.
Cybersecurity company McAfee is acquiring Skyhigh Networks to enhance its security offerings.
Skyhigh Networks CEO Rajiv Gupta will join McAfee CEO Chris Young’s team to run McAfee’s new cloud business unit.
McAfee said it will not make changes to the existing organizational structure of Skyhigh Networks for ensuring continuity for customers and partners.
Skyhigh will benefit from McAfee’s global scale and integrations to McAfee’s product portfolio to better protect customers.
“Skyhigh Networks pioneered an entirely new product category called cloud access security broker (CASB) that analysts describe as one of the fastest growing areas of information security investments of the last five years – where Skyhigh continues to innovate and lead,” said McAfee CEO Chris Young in a statement.
Skyhigh Networks provides visibility into content, context, and user activity across SaaS, PaaS and IaaS environments.
Skyhigh Networks leads the market in advanced controls and automation to correct policy violations in cloud services.
“McAfee will provide scale to accelerate Skyhigh’s growth, with the combined company providing leading technologies and solutions across cloud and endpoint security – categories Skyhigh and McAfee respectively helped create, and the two architectural control points for enterprise security,” said Skyhigh Networks CEO Rajiv Gupta.
Trend Micro is set to acquire Montreal, Canada-based Immunio.
“We are excited to acquire Immunio’s application protection technology, their team of application security experts and their customers,” said Bill McGee, SVP and GM of Hybrid Cloud Security at Trend Micro.
Trend Micro is enhancing its container-specific security capabilities, by supporting container image scanning, which allows security issues to be identified and resolved prior to production release.
Gartner reports that by 2019, more than 70 percent of enterprise DevSecOps initiatives will have incorporated automated security vulnerability and configuration scanning for open-source components and commercial packages, up from less than 10 percent in 2016.
Trend Micro’s new capabilities fit neatly into the DevOps lifecycle, with Immunio bringing detection and protection against application vulnerabilities, and container image scanning allowing for the publishing and protection of secure container images.