Qualys, Inc. (NASDAQ: QLYS), a pioneer and provider of cloud-based security and compliance solutions, has announced that it has entered into an asset purchase agreement with NetWatcher, pursuant to which Qualys will acquire certain assets of NetWatcher in a cash transaction, the company said.
This asset purchase provides significant domain expertise in building and delivering cybersecurity and real-time threat intelligence offerings. The NetWatcher service is expected to be fully integrated into the Qualys Cloud Platform in the next twelve months.
NetWatcher´s technology combines asset discovery, vulnerability management, intrusion detection, behavioral monitoring, SIEM, log management and continuous threat intelligence all in one solution that looks for anomalous behavior 24×7 and provides businesses with a real-time view of the security posture of assets, including weak passwords, unsafe behavior, and outdated software. Through continuous network security monitoring, it also identifies potential threats and vulnerabilities that are created both from employees and external entities and enables customers to remediate security issues quickly.
Qualys is a pioneer and provider of cloud-based security and compliance solutions with over 9,300 customers in more than 120 countries, including a majority of each of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions in a single platform and build security into digital transformation initiatives for greater agility, better business outcomes and substantial cost savings. For more information, visit www.qualys.com.