Bitdefender has announced it has completed its acquisition of Singapore-based Horangi Cyber Security.
The acquisition expands the attack surface monitoring capabilities of Bitdefender’s product and services portfolio and allows business customers worldwide to overcome a broader range of cybersecurity challenges, including misconfiguration and vulnerability detection, governance, and compliance across hybrid and multi-cloud environments.
“As multi-cloud adoption rapidly grows across all industries, organizations face an unprecedented struggle to efficiently manage thousands of configuration settings, permissions, identities, and entitlements to remain secure and compliant,” said Florin Talpes, co-founder and CEO of Bitdefender. “The acquisition of Horangi enables Bitdefender to help customers address these struggles head on and is a significant milestone in our security solution strategy, paving the way for continuing innovation.”
Bitdefender is enriching its GravityZone unified risk and security analytics platform with Horangi’s leading-edge Cloud Infrastructure Entitlement Management (CIEM) and Cloud Security Posture Management (CSPM) solutions. This provides Bitdefender business customers, managed service provider (MSP) and channel partners with critical cloud security governance and compliance capabilities in addition to market leading threat prevention, protection, attack detection, and incident response.
The acquisition of Horangi also brings with it a world class cybersecurity services practice, including an expert team of CREST-certified security analysts, penetration testers, red teams, and security consultants. The Horangi services portfolio will complement and extend Bitdefender’s Managed Detection & Response (MDR) services, adding to an already elite team of advanced cybersecurity practitioners who detect, validate, and stop attacks in real-time (24X7) for business customers across the globe.
“This is an exciting new chapter for Horangi,” said Paul Hadjy, co-founder and CEO of Horangi Cyber Security. “Our strategic initiative with Bitdefender aligns perfectly with our founding vision for the company – to protect businesses from cybercrime. Together, there are enormous opportunities ahead for our business and for our customers.”
The terms of the transaction have not being disclosed.