Infoblox Acquires IID, for $45M

infobloxInfoblox Inc. (NYSE:BLOX), a Santa Clara, CA-based network control company, acquired IID, a Tacoma, Washington-based provider of a cyberthreat intelligence platform, for $45m.

The acquisition allows Infoblox to combine contextual network data with federated threat intelligence and a dedicated threat research team and go beyond helping protect on-premise devices to protect company-managed devices that are off-premise
The combined solution allows network and security teams to prioritize threat response at scale, based on enterprise context and risk.

Led by Jesper Andersen, president and chief executive officer, Infoblox provides a network control platform to manage DNS, DHCP, and IP addresses, the category known as DDI, and to spot suspicious activity, instantly block outbound communications to malicious destinations, and prevent exfiltration of intellectual property, customer information, and other sensitive data.

Led by Lars Harvey, chief executive officer, IID collects threat data from thousands of trusted sources including law-enforcement agencies, Internet infrastructure providers, and open-source providers and (its threat research team) then verifies, enhances, and aggregates this data to create machine-readable threat intelligence (MRTI) that is compatible with automation standards such as STIX and TAXII. This threat intelligence is distributed to more than 100 customers, among them dozens of Fortune 500 companies and U.S. government agencies, including Microsoft and the U.S. Department of the Treasury.

Following the deal, IID co-founders Harvey and Rod Rasmussen will become members of the Infoblox management team. Infoblox also expects that most IID employees will join Infoblox, including the threat intelligence and engineering teams.

FinSMEs

10/02/2016

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