EMC acquires network security vendor NetWitness

By : |April 5, 2011 0

HOPKINTON, USA: Information storage service provider EMC Corporation announced that it has acquired Virginia-based NetWitness Corporation, a privately-held network security solutions provider.

NetWitness, which offers network security monitoring and analysis platform, will now operate as a part of RSA, the security division of EMC. The transaction is not expected to have a material impact to revenue or EPS for the full 2011 fiscal year.

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"The intensity and sophistication of advanced adversaries and zero day malware challenge every organization to rethink traditional approaches to network security," said Tom Heiser, president, RSA, the Security Division of EMC. "NetWitness has redefined the security landscape, providing a powerful solution for organizations seeking to gain immediate insight, precise clarity, and timely closure in the face of the toughest cyber threats. NetWitness’ unique network security analysis capabilities extend RSA’s solutions for managing security risk and compliance across both physical and virtual environments."

"EMC and NetWitness share a complementary vision for the future of security management, work with the same types of industry-leading customers, and have a respect for each other’s cultures of innovation and growth," said Amit Yoran, CEO of NetWitness. "Joining RSA is a strategic move that will deliver significant benefit for NetWitness customers, partners and employees."

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