AlienVault is privately held, so does not need approval from shareholders. The companies gave no price for the takeover.
Thaddeus Arroyo, CEO of AT&T Business, said: “AlienVault’s expertise in threat intelligence will improve our ability to help organisations detect and respond to cybersecurity attacks. Together, with our enterprise-grade detection, response and remediation capabilities, we’re providing scalable, intelligent, affordable security for business customers of all sizes.”
AT&T said the acquisition will combine AlienVault’s expertise in threat intelligence with its own cybersecurity solutions portfolio that includes threat detection and prevention as well as response technologies and services.
Once the acquisition closes, AT&T will sell its business customers its unified security management platform “that helps make organisations more effective at threat detection and response, by giving them access to a broad set of enterprise-grade security capabilities”.
Arroyo said: “Regardless of size or industry, businesses today need cyber threat detection and response technologies and services. The current threat landscape has shifted this from a luxury for some, to a requirement for all.”
AT&T said it will continue to invest in and build on AlienVault’s foundational unified security management platform and Open Threat Exchange, its open threat intelligence community. It will integrate AlienVault into AT&T’s cybersecurity suite of services.
AlienVault president and CEO Barmak Meftah said: “We’re thrilled to join forces with AT&T. They bring a robust cybersecurity portfolio with an industry-leading technology ecosystem. This deal accelerates our ability to deliver on the AlienVault mission, which is to democratise threat detection and response to companies of all sizes.”
