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BUCHAREST (Romania), October 24 (SeeNews) – Romanian Internet software security company Bitdefender said it took over Dutch behavioral and network security analytics company RedSocks Security (RedSocks) for an undisclosed sum.
While the RedSocks portfolio will open more sales opportunities for Bitdefender worldwide, the acquisition of RedSocks will also accelerate the company’s go-to-market traction within Europe, the company said in a press release on Tuesday.
This new acquisition, which was assisted by I5 Invest Gmbh, transfers all RedSocks assets, customers and employees to the Bitdefender Group. The current RedSocks office and its network-experienced team will become 'Bitdefender Netherlands'.
’’At Bitdefender, we’re now able to offer our Bitdefender and new RedSocks customers even stronger protection from sophisticated attacks” said Bitdefender CEO and founder, Florin Talpes. "By bringing RedSocks network security analytics and threat intelligence into GravityZone, a complete endpoint prevention, detection and response platform, customers will benefit from a more comprehensive, layered approach to security and deeper visibility into their threat landscape."
Both the U.S. and Europe are key markets for Bitdefender, the company said.
Bitdefender has been active in the Netherlands market for more than 12 years with both consumer and business solutions and has a legal seat there. With the addition of the RedSocks office and its staff, Bitdefender will increase its business in the Netherlands, and gain a new foothold within the Northern European region, it said.
"When we started RedSocks in 2012, our goal was to build solutions that would serve any type of organisation and offer them value for the long term. Together with Bitdefender, we will now achieve that goal. We are extremely proud to be acknowledged by and part of a visionary, cybersecurity company like Bitdefender," RedSocks founder Pepijn Janssen said.
Netherlands-based RedSocks specialises in automated detection of suspicious network behavior and combating cybercrime. By combining Machine Learning, Artificial Intelligence and Cyber Threat Intelligence, RedSocks provides non-intrusive, real-time breach detection solutions and incident response services for its customers. The company serves an important market need resulting from the high-profile breaches that existing, in-place network security tools have failed to prevent.
Bitdefender was founded in 2001 by Romanian entrepreneur Florin Talpes and his wife Mariuca and is currently represented through subsidiaries and partners in over a hundred countries. Its products include anti-virus and anti-spyware solutions, devices anti-theft systems and backup for corporate and home users.
In September, Bitdefender took over its Australian partner SMS eTech for an unsidclosed sum as part of its global business expansion strategy on consumer and enterprise segments.
In 2017 Bitdefender took over its French partner, Profil Technology, responsible for the sale of Romanian security solutions since 2001.