American Computer Security software company McAfee has made it official in the early hours of today that it is going to acquire cloud security startup ‘NanoSec’ for an undisclosed amount.
Reported first in Fortune, the news share comes with an additional piece of info that the deal will be closed by next month-end, making all the employees of the later to join the former at the Santa Clara office from Cupertino by this year-end.
Rajiv Gupta, the Assistant Vice President of McAfee’s cloud security division has confirmed the news but chose not to disclose the financial details of the deal for reasons.
As the use of software containers is increasing in virtual environments and the future looks bright, McAfee has decided to step into the service of offering security to containers in virtual environments.
Technically speaking, ‘Containers’ are software package units which come with all nuances required for the applications to run quickly and reliably from one to other computing environments.
“As companies are using more containers to drive production applications, McAfee’s approach to acquiring NanoSec is much appreciated”, said Stephen Elliot, a business analyst working for International Data Corporation (IDC).
Speaking about the technology being offered by NanoSec, it happens to pioneer the field of cloud security by offering tools that help simplify and improve application security and protect critical business assets from varied cyber threats on cloud platforms like AWS, Azure, GCP, and other private clouds.
As the company’s product offerings include visibility into traffic, secured encryption and agility to detect issues on time, companies which are into finance, Payroll, Blockchain, and Manufacturing are seen as clients of NanoSec.
NanoSec has already bagged the integration licenses with Azure, Puppet Labs, Kubernetes, Google Cloud Platforms and RedHat OpenShift.