Technology platform provider Continuum have acquired managed security provider CARVIR in a bid to expand the former’s security product portfolio. With this acquisition, Continuum aims to meet security and compliance needs of their SMB clients.
Continuum believe that security is a major concern for businesses and different tactics have to be deployed to counter attacks on a daily basis. They say that regular monitoring of hosting environments forms a major part of mitigating these attacks whereas early detection helps businesses keep cyber threats at bay.
By acquiring CARVIR, Continuum say that they have added monitoring security and compliance capabilities to their platform. They claim that these additions will help their SMB clients to identify and remediate active security threats.
Speaking about the acquisition, Michael George, CEO, Continuum, commented:
Our partners already benefit from our security solutions and it was clear to us that, by bringing onboard CARVIR’s expertise and technology, we could heighten our partners’ capabilities in this space.
In doing so, we’ve been able to rapidly accelerate our own plans to enhance Continuum Security, and are now in pole position to fuel our partners’ growth and profitability in cybersecurity and beyond.
As a result of this acquisition, Continuum say that they have expanded across two locations in the United States and India, providing location redundancy and growing the depth of security expertise available to partners. Neither companies have disclosed the financial terms of the deal.