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Synopsis
Vitruvian-backed Bitdefender, a Romanian cybersecurity firm, acquired RedSocks, which specializes in automated detection of suspicious network behavior and combating cybercrime. Financial terms were not disclosed. While the RedSocks portfolio will open more sales opportunities for Bitdefender worldwide, the acquisition of RedSocks will also accelerate the company's go-to-market traction within Europe. Bitdefender has been active in the Netherlands market for more than 12 years with both consumer and business solutions and has a legal seat there. With the addition of the RedSocks office and its staff, Bitdefender will increase its business in the Netherlands, and gain a new foothold within the Northern European region.
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