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Micro Focus Acquires Interset to Bolster Cyber-Security Expertise

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CEOinsights

CEOinsights

Micro Focus, a global leader that helps organizations run and transform its business acquired Interset, a security analytics software leader that provides highly intelligent and accurate cyber-threat protection. The acquisition will add depth to Micro Focus’ Security, Risk & Governanace portfolio, and aligns with the company’s strategy to help customers quickly and accurately validate and assess risk as they digitally transform their businesses. It brings Advanced Machine Learning and User and Entity Behavioral Analytics (UEBA) to an Already-Deep Security, Risk & Governance Portfolio.

John Delk, SVP & GM – Security, Risk & Governance, Micro Focus, says, “Security is at the heart of every organization, and perhaps never more so than as they implement their digital transformation initiatives and leverage emerging technologies to better predict and take action on credible threats. Security is at the heart of every organization, and perhaps never more so than as they implement their digital transformation initiatives and leverage emerging technologies to better predict and take action on credible threats”.
The technology brought-in by Interset will accelerate Micro Focus’ delivery of a more-robust UEBA offering and help drive deeper data insights across security and operations that are necessary to execute on the company’s SecOps Analytics vision. Interset’s software excels in key verticals such as energy, critical infrastructure, high-tech, aerospace, defense and government – where threat detection is at a premium. It will also supplement Micro Focus ArcSight – the world’s leading real-time correlation engine – to deliver a highly differentiated cyber-security solution.

“The combination of the Interset technology with Micro Focus' broad security portfolio is a powerful combination that will produce a level of protection that will be unmatched in the market. Our 'Data In, Intelligence Out' methodology will deliver an even-more complete set of benefits for our combined customers – allowing them to leverage near real-time information to address both immediate- and long-term threats”, comments, Mark Smialowicz, CEO, Interset.

Founded in 2015, Interset develops and offers highly intelligent and accurate cyber-threat protection software for insider and targeted outside threat detection. It augments a wide range of security applications by correlating multiple classes of time series data and analyzing to remove false positives and prioritize risk, allowing security teams to stop the theft of sensitive data.

Headquartered at Newbury, UK Micro Focus is a global software company with 40 years of experience in delivering and supporting enterprise software solutions that help customers innovate faster with lower risk. It enables customers to utilize new technology solutions while maximizing the value of their investments in critical IT infrastructure and business applications.