AT&T said it plans to continue investing in and building on AlienVault’s key platforms, and will integrate the technology into its suite of managed cybersecurity offerings.
Fresh off of its $85 billion acquisition of Time Warner, AT&T said Tuesday that it’s buying AlienVault, a cybersecurity and threat intelligence company. Financial terms were not disclosed.
Based in San Mateo, California, AlienVault is known for its Open Threat Exchange (OTX) threat intelligence community platform and other services for detecting and responding to security threats.
The company has racked up around $120 million in venture funding, with its last round of $52 million raised back in 2015. At the time, the company was moving toward an initial public offering, but that option is clearly off the table now that its being absorbed by AT&T.
Nonetheless, AT&T said it plans to continue investing in and building on AlienVault’s key platforms, and will integrate the technology into its suite of managed cybersecurity offerings.
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Source: ZDNet.