In a recent announcement, WatchGuard® Technologies, a renowned leader in unified cybersecurity, revealed its acquisition of CyGlass Technology Services. CyGlass is a prominent provider of cloud and network-centric threat detection and response solutions, aimed at helping organizations identify risks, prevent threats, and ensure compliance. This acquisition is expected to enhance WatchGuard’s Unified Security Platform architecture and enable AI-based detection of network anomalies through a future Network Detection and Response (NDR) service. Additionally, it will boost the development of Open eXtended detection and response (XDR) capabilities within WatchGuard ThreatSync.
Andrew Young, the Chief Product Officer at WatchGuard, emphasized the significance of this acquisition for mid-sized companies and Managed Service Providers (MSPs). He stated that the success of CyGlass over the past year clearly indicates the demand for innovative detection and response solutions that do not rely on expensive hardware. By incorporating CyGlass technology into WatchGuard’s Unified Security Platform architecture, their partners can gain a competitive advantage, leading to increased revenue and margin opportunities. This integration will offer the latest security advancements that effectively combat network attacks, enhanced XDR insights, and simplified regulatory and cyber-insurance compliance through powerful built-in reports.
CyGlass’s approach aligns perfectly with WatchGuard’s mission to make enterprise-grade security accessible to all customers. Unlike other Network Detection and Response (NDR) products that necessitate expensive hardware and experienced security analysts, CyGlass stands out as a fully cloud-based solution. This allows mid-sized enterprises and MSPs to deploy cost-effective NDR capabilities without compromising the efficiency of their hybrid networks.
Elaborating on the vision behind CyGlass, Ed Jackowiak, the founder and CEO, expressed the team’s commitment to assisting organizations in safeguarding their hybrid networks against sophisticated attacks. By joining forces with WatchGuard, they can take this mission to the next level and extend its benefits to a global network of partners and customers.
Initially, the focus of the combined entity will be on supporting current CyGlass customers and partners by seamlessly integrating CyGlass solutions into WatchGuard’s platform. This collaboration will not only enhance the solutions offered but also ensure a smooth and uninterrupted experience for existing CyGlass users.
In this acquisition, WatchGuard sought legal counsel from Kirkland & Ellis LLP and K&L Gates LLP, while Vector Capital provided advisory services.
WatchGuard Technologies, Inc. is a renowned global leader in unified cybersecurity. Their Unified Security Platform approach is designed to cater to managed service providers, offering world-class security solutions that enhance business scale, velocity, and operational efficiency. With over 17,000 security resellers and service providers, WatchGuard protects over 250,000 customers. The company’s comprehensive security offerings, shared knowledge, clarity and control, operational alignment, and automation contribute to its reputation as an industry leader. Headquartered in Seattle, Washington, WatchGuard has offices across North America, Europe, Asia Pacific, and Latin America.
For more information about WatchGuard Technologies, Inc., their innovative solutions, and ongoing updates, follow them on Twitter (@WatchGuard) and Facebook, and visit their LinkedIn Company page. The company also maintains an InfoSec blog called Secplicity, which offers real-time insights into the latest threats and effective coping mechanisms. Subscribe to The 443 – Security Simplified podcast on Secplicity.org or any other preferred podcast platform to stay informed.
As WatchGuard Technologies expands its product portfolio through the acquisition of CyGlass Technology Services, it is poised to deliver even stronger cybersecurity solutions to organizations worldwide. This strategic move will undoubtedly solidify the company’s position as a frontrunner in the unified cybersecurity industry, empowering businesses of all sizes to combat modern-day threats effectively.