In an attempt to upgrade its security information and event management products and services, Trustwave Inc. announced yesterday that it acquired Intellitactics Inc., a SIEM technology provider. The terms of the deal are confidential.
Trustwave, the Chicago-based compliance services company and qualified security assessor, emphasized the importance of integrating Intellitactics' alert and analysis offerings with its current data protection capabilities.
"The future of data protection in every environment is an integrated solution that includes data loss prevention to locate all sensitive data, encryption to protect it, and SIEM to provide comprehensive reporting," said Trustwave chairman and CEO Robert J. McCullen in a formal announcement of the merger.
Security information and event management technology automates the collection and analysis of events and alerts logged in networks, systems and databases.
Intellitactics, founded in 1996 and headquartered in Reston, VA, interested McCullen because of its long-tenured engineering team and its experience with Fortune 500 and Global 500 companies. "Their credibility and experience with large customers is tremendous for our larger install base," he said. "It's a big leap forward in terms of being able to manage a billion events a day."
The deal marks another acquisition for Trustwave, who last year acquired network access control (NAC) vendor Mirage Networks Inc. and DLP company Vericept Corp. Also, just last month, Trustwave added data encryption capabilities with its addition of BitArmor Inc. The acquired network security and data protection tools, as well as its other IPS, IDS and UTM features, are offered as both products and managed security services, which can then be used in compliance assessment efforts.
According to John Kindervag, senior analyst at Forrester Research Inc., this week's move demonstrated Trustwave's willingness to place services in a cloud infrastructure. The acquisition, he assumed, would allow Trustwave to become a "cloud provider for PCI," placing SIMs and its other services in a shared, multitenant space, leveraging a growing client base that already uses Trustwave's assessment services.
The acquisition is also a plus for Intellitactics, which did not have a sizable market share, according to Kindervag.
"[Security event management providers] have to move beyond traditional ways of using SIEM and develop new ways to add business value to customers," Kindervag said.