EMC acquires network security specialist NetWitness
Following speculation late last month, leading information infrastructure solutions firm EMC Corporation has confirmed that it has acquired NetWitness, a privately-held network security analysis solutions provider. According to EMC, NetWitness will now operate as part of RSA, the security subsidiary of EMC.
Discussing the acquisition, RSA President Tom Heiser said, "The intensity and sophistication of advanced adversaries and zero day malware challenge every organization to rethink traditional approaches to network security," adding that, "NetWitness has redefined the security landscape, providing a powerful solution for organizations seeking to gain immediate insight, precise clarity, and timely closure in the face of the toughest cyber threats. NetWitness’ unique network security analysis capabilities extend RSA’s solutions for managing security risk and compliance across both physical and virtual environments." Moving forward, NetWitness will reportedly become a "core element" of RSA's Advanced Security Management Solutions, providing "real-time visibility into network activity and adding efficiency to incident investigations and workflow".
Founded in 2006 and based in Virginia, network security specialist NetWitness provides a network monitoring platform aimed at enterprise organisations that includes real-time network forensics and automated threat analysis solutions. Its customers include enterprises across the Global 1000, ranging from financial services, power and energy firms, telecommunications, high tech and government agencies. The company's flagship product is NetWitness NextGen. NetWitness reportedly helped EMC's RSA division discover the cause of the high profile hack from last month.
The acquisition of NetWitness officially closed on 1 April 2011. Financial terms of the deal, however, were not disclosed.
- EMC Acquires NetWitness, press release from EMC.
- EMC Acquires NetWitness Corporation, letter from NetWitness CEO Amit Yoran.