Managed Security Services Players Rewriting the Merger Playbook

By Special Guest
Nitin Chitmalwar

For customers with higher reliability requirements, managed security provides improved visibility into emanating threats. The information technology security landscape has transformed drastically in the recent years. Volume and magnification of zero –day attacks, malicious website codes, phishing scams and other malware are at all-time highs. Protecting an enterprise today presents challenges, mainly due to an increasingly dispersed labor force with greater user access on a number of online platforms. Managed security service enterprises seeking to fine tune focus are either acquiring or exploring new geographic regions.  This strategy has not only enabled the managed security service market to grow market share, but also encouraged more and more horizontal mergers.

The recent mega-merger between Dell and EMC blew the clouds of doubts away and cleared worry that collaboration would go too far in cybersecurity. EMC clients can now take advantage of a large security venture: Sure Work, a subsidiary company of Dell, and EMC’s RSA security will combine under Michael Dell, confirmed Dell officials. The deal was estimated at $67 billion. Both security management vendors have an adequately wide range of accomplishments around security issues and IAM (identity and access management). The Karcher Group (TKG) recently announced that it has invested in Ossa Technology Solutions LLC. a Hartville based managed security services. The merger completed as of September 16, 2015 and all customer of former Ossa Technology are being transitioned to The Karcher Group.

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The acquirer agreed that the deal will help them expand their services to their existing customer in cloud data, firewall security, endpoint security and more. Company officials are glad that TKG’s new value-added service fits their mission of expanding business. In another incident, Raytheon claims to have broadened its cyber capabilities by acquiring Foreground Security. V-SOC (Virtual Security Operations Center) and ATIP (Automated Threat Intelligence Platform) offered by Foreground Security promises unique cyber threat identification, cyber monitoring and security management capabilities. Rackspace Inc. that for long had craved to enter the managed security service market got frantic with their new portfolio brings hope for small and medium sized enterprises demanding cybersecurity.

A business unit of Singapore, Trustwave (a Singtel Company) and Palo Alto Networks have signed the most discussed pact. Under the deal, Trustwave has emerged as a global market partner of Alto Network’s NextWave program to extend managed security solutions for Palo Alto Networks platform. The agreement would have Trustwave Managed Security Services contain devices made by Palo Alto, thereby delivering next-gen security solutions to help business enterprises protect their network perimeter without micromanaging or constant observation. Other prominent vendors that have invested in the managed security service companies include Hitachi Systems, Cisco, SilverSky, SageNet, Wendel and more. MSS companies that got acquired this year consists of StillSecure, Turnberry Solutions, Neohapsis, LastPass, Adxstudio etc.

Torchbearers at Rackspace understood that all enterprises have capabilities to successfully address security and compliance issues. Thus, Rackspace is ready to make a difference with security management solutions supported by a 24/7 Customer Security Operations Center, open to users since October, 2015. Eyeing great opportunities in the managed security service market, Allied Market Research has conducted an extensive study on “World Managed Security Services Market”. The market research report outlines the key market drivers, restraints and opportunities of the security services worldwide.

As per the study, the market size is expected to garner $29.9 billion in revenue by 2020. Research analysts preparing the report indicate that the industry would register a CAGR of 15.8 percent during the forecast period of 2014 – 2020. There is clear indication in the report that the endpoint security market will register CAGR of 24.5% during 2014-2020. Therefore, key market players of the industry are seen collaborating, as well as acquiring target business to increases their service portfolio. 

Edited by Kyle Piscioniere
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