Forcepoint today announced the company has signed a definitive agreement to acquire Security Service Edge (SSE) leader Bitglass. Bitglass delivers the industry’s only truly integrated cloud-native SSE platform for securing access to and usage of information as organizations transform to the cloud.
It brings together best-in-class Cloud Access Security Broker (CASB), Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), and Cloud Security Posture Management (CSPM), combined with Data Loss Prevention (DLP) capabilities to enable uniform security policies for accessing the web, cloud, and private data centers managed through a single console.
Bitglass’s SSE platform complements Forcepoint’s Data-first SASE architecture and will accelerate Forcepoint’s efforts to make advanced data security and threat protection technologies easier for organizations to deploy and use.
“Complexity is the enemy of security. IT teams today are faced with the reality that securing a hybrid work environment is even more complex than the move to work-from-home was last year. With the acquisition of Bitglass, Forcepoint will be accelerating our ability to address customers’ widespread need for enabling hybrid workforces to safely access and use information everywhere—in the web, cloud and data center—more easily than ever before,” said Manny Rivelo, Chief Executive Officer at Forcepoint.
Further details on the integration of Bitglass within Forcepoint’s Data-first SASE architecture will be announced later this year following completion of the acquisition.
Evercore acted as exclusive financial advisor and Cooley LLP acted as legal advisor to Bitglass. Paul Hastings LLP acted as legal advisor to Forcepoint.