Rapid7 have acquired web application security firm tCell in a bid to help its customers assess, monitor and protect applications from virus attacks. With this acquisition, Rapid7 seeks to enforce browser security right from the server so that it is easy for organizations to identify and block attacks.
According to Rapid7, enterprises need to adopt a practical and holistic approach while addressing application security problems. They say that this approach will allow enterprises to counter cyber threats while they are still making progress with application technology.
Lee Weiner, Chief Product Officer at Rapid7, commented:
Today’s fragmented ecosystems continues to be a challenge for security teams as they battle escalating threats while still supporting rapid innovation. In order to address these issues, a practical and holistic view of application security is vital.
By acquiring tCell, Rapid7 say that they will be integrating the former’s runtime and web application firewall prowess to their Rapid7 Insight platform. By integrating these capabilities, Rapid7 claim that they will be able to simplify app implementation in the cloud by combining protection, testing, monitoring and analytics prowess provided by the tCell.
Michael Feiertag, CEO at tCell, commented:
Attacks on web applications are exploding as companies push out more applications faster and faster. It was clear from the start of our conversations with Rapid7 that they understand this challenge and are committed to addressing it.
Within the Rapid7 team, we have found a common vision for how security can be a catalyst for innovation, and together we recognize that application security will be central to making this a reality.
Industry analysts claim that the acquisition will not have any material impact on tCell’s revenue earnings per share. They also claim that this acquisition will boost Rapid7’s cybersecurity product portfolio as well as the cyber security industry, following Imperva’s acquisition for USD 2.1 billion.
In closing, neither companies have disclosed the financial terms of the acquisition deal.