Proofpoint Acquires Emerging Threats for $40M

Proofpoint, Inc., (NASDAQ: PFPT), a security and compliance company, has acquired Emerging Threats, a provider of advanced threat intelligence, for approximately $40m in cash and stock.

Proofpoint will integrate Emerging Threats’ threat intelligence with its existing Targeted Attack Protection and Threat Response security solutions.

Led by Ken Gramley, chief executive officer, Emerging Threats uses an automated collection and analysis system, along with a team of expert threat researchers, to produce actionable threat intelligence for detecting, blocking and remediating advanced cyberattacks. Its systems gather millions of malware samples and other global threat indicators per day to develop intelligence about advanced cybercriminal malware distribution and command and control (C&C) infrastructure.
This system collects, validates, filters and prioritizes malware samples into actionable intelligence for customers.
Emerging Threats’ IQRisk Suite includes three products:
– ETPro Ruleset, which provides accurate and complete coverage for malware C&C communications for intrusion detection systems and intrusion protection systems;
– IQRisk Rep List, which delivers categorized and scored threat intelligence; and
– IQRisk Query, which provides history and supporting observed activity via a web portal or API directly from a central datastore of threat intelligence.

The combined technology now aims to provide customers with deeper insight into cyberthreats, enabling them to react faster to inbound cyberattacks, and to identify, block, and disable malware already embedded in their organizations.

As part of the acquisition, Emerging Threats’ team of threat researchers, software engineers and sales personnel will join Proofpoint’s team, continuing to operate from their headquarters in Indianapolis.



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