London firm Mimecast has swooped to acquire US company Code42, a leader in insider threat management and data loss prevention.
Mimecast is a leading global human risk management platform. The deal expands on the success of their existing technology partnership, announced earlier this year.
The financial terms of the deal were not disclosed.
“Mimecast’s platform stands out in our crowded industry by focusing specifically on the critical moment of risk—a person opening their laptop,” said Mimecast CEO Marc van Zadelhoff.
“Unlike fragmented point solutions, Mimecast provides a connected approach that is engineered to offer complete visibility and strategic insight across customers’ ecosystems, enabling intervention that helps them prevent costly incidents caused by insider risk and data exfiltration.
“Integrating leading solutions like Code42 broadens and deepens our proven security and human risk management capabilities.”
Code42 provides market-leading insider threat management and data loss prevention capabilities native to the cloud, enabling companies to seamlessly protect critical data from exposure, loss, leak and theft, while accelerating incident response times.
“Employee collaboration is at the heart of successful organisations today,” said Joe Payne, president & CEO of Code42. “Protecting organisations from data exfiltration requires enhanced visibility into risky user activities across email, collaboration platforms, web, cloud, and more.
“By joining forces with Mimecast, we can help customers quickly detect and respond to threats across their expansive digital environments.”
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