Here's the problem for wave--and it makes it tough to get a foot in the door to even begin to show what your product can do when you see headlines like this..
--Cisco To Acquire Cybersecurity Firm Lancope For $452 Million
--Intel to sell Stonesoft network security unit to Raytheon-Websense for $389 million
--Microsoft set to gobble up third Israeli cybersecurity startup in year, source says--The tech giant acquired Aorato, an Israeli application firewall startup, for a reported $200 million in November of last year. In July, it picked up Adallom, an Israeli cloud security company, for a reported $320 million. Now the Redmond, Wash.-based company plans to add Secure Islands, an Israeli data security firm, to its portfolio.
--Dell Acquisition of EMC Has Big Cybersecurity Implications
The devil will be in the details, but if company cooks up a winning integration strategy to combine the likes of SecureWorks and RSA, it is poised to become a major cybersecurity player.
Today’s landmark purchase of EMC by Dell for $67 billion has set the entire tech industry ablaze with talk about what the integration of these two powerhouses will do to the enterprise IT marketplace. With much of the talk focused on the storage play this adds to Dell’s portfolio, it’s easy to forget the security implications of the deal. But both sides of this marriage bring significant security assets to the table—Dell with components from SecureWorks, SonicWALL, and Quest Software and EMC with RSA. There’s significant opportunity for Dell to leverage this deal to make a serious bid for dominating the security market.
-from SecureWorks, SonicWALL, and Quest Software and EMC with RSA. There’s significant opportunity for Dell to leverage this deal to make a serious bid for dominating the security market.
--Raytheon has acquired cybersecurity firm Foreground Security, a provider of security operations centers and managed security service solutions.
The new company, which will be called Raytheon Foreground Security (RFS), "accelerates Raytheon's expansion into managed security services across federal, international and commercial markets," according to a Raytheon announcement.
Foreground Security's Virtual Security Operations Center and Automated Threat Intelligence Platform offer unique advanced cyber monitoring, threat hunting and professional services capabilities, Raytheon said.
---Thales Security, an e-Security and cryptographic solutions vendor, has acquired Vormetric for $400 million in cash, the company announced on Tuesday.
The acquisition is expected to expand Thales’ existing cybersecurity offering by incorporating Vormetric’s data protection solutions into its portfolio. The deal is scheduled to close during the first quarter of 2016.
---Dell Files Confidentially for IPO of Cybersecurity Unit SecureWorks
SecureWorks could begin trading by year-end and may be worth as much as $2 billion
Does wave as it is constituted have the name recognition and resources to fight off this type of potential competition?
The answer to that question seems fairly obvious when you consider the filing that was filed this week-TO JUST PAY OFF THE LOAN if need be. You don't file that if you think you won't need it.
The marathon is beginning and the big players are lining themselves up. Wave arrives emaciated and dehydrated.
