AT&T abducts AlienVault to bolster business end of its security probing
ATT has agreed to acquire security intel specialist AlienVault for an unspecified pile of cash.
The two companies announced the deal on Tuesday, saying that AlienVault would join ATT Business as part of its enterprise and SMB security services. Specifically, the telco giant says that after the deal wraps up it will offer AlienVault’s Unified Security Management (USM) service to ATT Business subscribers.
A threat intelligence specialist, AlienVault allows admins to track and monitor possible malware infections and attacks on their networks. ATT said after the deal closes it will also continue to support Open Threat Exchange, AlienVault’s public service for tracking malware threats and attacks in the wild.
“AlienVault’s expertise in threat intelligence will improve our ability to help organizations detect and respond to cybersecurity attacks,” ATT Business CEO Thaddeus Arroyo said of the deal.
“Together, with our enterprise-grade detection, response and remediation capabilities, we’re providing scalable, intelligent, affordable security for business customers of all sizes.”
Injection
AlienVault, meanwhile, says it will use the cash infusion from the acquisition to expand its business under the ATT banner.
“We’re thrilled to join forces with ATT. They bring a robust cybersecurity portfolio with an industry-leading technology ecosystem,” said AlienVault president and CEO Barmak Meftah.
“This deal accelerates our ability to deliver on the AlienVault mission, which is to democratize threat detection and response to companies of all sizes.”
The deal is expected to close by the end of September. While ATT isn’t giving the dollar amount it is paying for AlienVault, the telco says the bill is not enough money to have an effect on its bottom line.
The deal comes as ATT is looking to revamp a business services group that saw revenues decline by 5 per cent last quarter as more customers are moving off of its legacy wireline services. To help make up for this, ATT is stepping up its wireless and business services.
This where AlienVault comes in, giving the company another IT service to offer customers and luring them towards adopting the larger, more profitable packages. ®
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Article source: http://go.theregister.com/feed/www.theregister.co.uk/2018/07/10/att_abducts_alienvault_to_bolster_business_security_line/