X

Security firm M86 acquires Finjan

M86 makes second acquisition in the past year, buying secure SaaS and Web gateway provider Finjan.

Elinor Mills Former Staff Writer
Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service and the Associated Press.
See full bio
Elinor Mills
The security industry consolidation continues.

Web and e-mail security provider M86 Security was set to announce on Tuesday the acquisition of Finjan.

Finjan brings to the table a secure Web gateway product and software-as-a-service solutions, M86 said in a statement. Under the merger, which is effective immediately, Finjan will maintain a development center and operations in Netanya, Israel.

U.S.-based Finjan SW will remain an independent company to retain its malware detection intellectual property, according to a statement.

M86 was created a year ago with the merger of Marshal and 8e6. In March 2009, the combined company acquired behavioral malware detection company Avinti.

Last week, Cisco Systems said it was buying Web-based security software company ScanSafe. And earlier in October, Barracuda Networks, which makes security appliances, announced its purchase of Purewire, a Web security-as-a-service provider.

Meanwhile, vulnerability management provider Rapid7 recently acquired Metasploit, an open-source penetration testing framework and exploit database.