Human risk management business Mimecast will acquire threat management and data loss prevention company Code42. Mimecast says the acquisition will improve insider threat detection and response for its clients. The parties did not disclose the financial terms of the deal.
“Mimecast’s platform stands out in our crowded industry by focusing specifically on the critical moment of risk – a person opening their laptop,” said Mimecast Senior Director Garrett O’Hara. “Integrating leading solutions like Code42 broadens and deepens our proven security and human risk management capabilities.”
Code42 provides insider threat management and data loss prevention capabilities native to the cloud, enabling companies to protect critical data from exposure, loss, leak and theft, while accelerating incident response times. Mimecast says the acquisition will enable businesses to gain comprehensive visibility and strategic insight across the expanding attack surface.
“By joining forces with Mimecast, we can help customers quickly detect and respond to threats across their expansive digital environments,” said Code42 President and CEO Joe Payne.
Mimecast will continue to maintain and support the existing Code42 customer base. Code42’s Incydr product is now available for sale to Mimecast customers and the company will integrate those capabilities into the Mimecast platform over the coming months.
