March 2014 saw a pair of notable acquisitions in the information security market.
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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.