Micro Focus Completes Acquisition of Interset to Further Expand Cyber-Security Expertise
Retrieved on:
Friday, February 15, 2019
SUNNYVALE, Calif., Feb. 15, 2019 /PRNewswire/ -- Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the acquisition of Interset , a worldwide leader in security analytics software that provides highly intelligent and accurate cyber-threat protection.
Key Points:
- SUNNYVALE, Calif., Feb. 15, 2019 /PRNewswire/ -- Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the acquisition of Interset , a worldwide leader in security analytics software that provides highly intelligent and accurate cyber-threat protection.
- "Micro Focus recognized that an even more advanced analytics ecosystem was needed to assist in this journey, and we identified Interset as a critical addition to our strategy."
- The technology will supplement Micro Focus' Big Data analytics software, Vertica, and add additional value to Micro Focus ArcSight the world's leading real-time correlation engine to deliver a highly differentiated cyber-security solution.
- Momentum Cyber acted as exclusive financial advisor to Interset, Strategic Capital Associates acted for Micro Focus and the acquisition is effective immediately.