ExaProtect and Solsoft Merger Creates First Vendor to Integrate Security Information Event Management, Policy Change Management & Threat Remediation
ExaProtect, the market leader in core security event management,
has announced it will merge with Solsoft, the leading security policy
management solution vendor. The merger will see ExaProtect integrating
Solsoft technology into its solutions.
The combined company will benefit from a stronger presence in US
and European markets, with customers including Fortune 500 companies,
international telecoms companies and government organisations. These
use ExaProtect and Solsoft technology to design, deploy and monitor
security policies across their IT infrastructures, from security
systems to core business applications and assets.
According to ExaProtect, the merger will deliver a single security
dashboard that integrates security event management, policy change
management and real-time remediation.
This will benefit customers with a unique solution proposition
that greatly simplifies all aspects of enterprise security management,
enhancing response to threats and reducing duplication of investment.
It will also benefit integrators and partners, creating new sales
opportunities.
ExaProtect CEO Jean-Francois Dechant said: "The merger with
Solsoft is a key strategic move. It will enable us to rapidly
introduce the industry's first complete security management solution,
and further grow our presence internationally. ExaProtect will be the
first and only vendor to meet the demand for a holistic approach to
managing security that supports a "Plan-Do-Check-Act" cycle. We are
taking the complexity out of corporate security and compliance."
Eric Domage, European Security Expert at IDC said: "There is a
global shift in IT security towards the use of centralised security
monitoring systems. To defend against external and internal threats,
enterprises are changing their approach to security from
perimeter-based to deperimeterised. This, combined with regulatory
pressure for better monitoring, is driving deployment of more advanced
security administration tools. As enterprises handle event monitoring
and logging on a single security dashboard for management and
compliance, they will want to add active controls for real-time
remediation and risk mitigation."
ExaProtect is seeing strong demand for its solutions, as
corporates look to better manage their IT security against growing
stakeholder and regulatory pressures.
ExaProtect and Solsoft solutions will continue to be available
separately. The transaction between ExaProtect and Solsoft is
supported by strong venture capital commitments from a number of
technology funds (Cape, Carlyle, CIC, Elaia and Rothschild).