March 2014 saw a pair of notable acquisitions in the information security market.
Security and compliance vendor Trustwave Holdings Inc. last week announced the purchase of application security testing vendor Cenzic Inc. for an undisclosed fee.
Chicago-based Trustwave, which offers cloud-based application, database and network penetration testing and scanning services, will supplement its offerings with Campbell, Calif.-based Cenzic's Hailstorm technology that enables organizations to continuously assess cloud, mobile and web applications for vulnerabilities.
Once the product-sets are fully integrated, Trustwave intends to offer a broad array of static and dynamic application security testing services on a subscription basis.
The acquisition comes on the heels of Trustwave being named as a co-defendant with retailer Target Corp. in a lawsuit filed Monday by two banks in relation to Target Corp.'s massive data breach over the holiday shopping period.
In a separate move, earlier this week Palo Alto Networks Inc. announced a deal to acquire Israel-based endpoint security startup Cyvera Ltd. in an all-stock transaction valued at approximately $200 million.
Cyvera, which launched its first products in 2012, is known for its Targeted Remote Attack Prevention System or TRAPS software-based endpoint agents that monitors for indicators of zero-day attacks targeting enterprise endpoints. The company launched an agent specifically for Windows XP last month to protect legacy endpoints after the Apr. 8, 2014, Windows XP end-of-life.
Santa Clara, Calif.-based Palo Alto, which competes with FireEye Inc. and Damballa Inc. in the advanced threat prevention product segment, intends to use the technology to supplement its largely network-based security technology.