Barracuda intends to purchase Skout Cybersecurity in order to offer MSPs with the technology and personnel they need to better respond to cyberthreats.
The cybersecurity vendor from Campbell, Calif., claims that its proposed acquisition of Melville, N.Y.-based security monitoring and response business Skout Cybersecurity will assist MSPs better filter and correlate threat data and respond to events. Skout provides MSPs with an extended detection and response (XDR) platform as well as a 24-hour Security Operations Center (SOC).
The acquisition’s terms were not disclosed, but it is anticipated to finalize in the coming weeks. All of Skout’s more than 80 workers will be transferred to Barracuda’s MSP business, with Kehoe remaining as general manager of Skout products and reporting to Brian Babineau, senior vice president and general manager of Barracuda MSP.
Barracuda’s existing portfolio of email, network, and application security solutions, which are primarily focused on helping MSPs avoid and identify cyberthreats, will be supplemented by Skout’s response-centric capabilities, according to Babineau. Barracuda’s 4,500 MSP partners and Skout’s 250 to 300 MSP partners have very little overlap, according to Babineau, and MSPs will benefit from the larger range of capabilities.