.
MergerLinks Header Logo

Announced

Tenable to acquire Alsid for $98m.

Financials

Edit Data
Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

France

Majority

Private

Single Bidder

Acquisition

software-as-a-service

Cross Border

Software

Friendly

Synopsis

Edit

Tenable, a software company, agreed to acquire Alsid, which provides information security services, for $98m. "Tightly controlling the privileges of accounts in Active Directory is as foundational to reducing risk to the business as the basic blocking and tackling of deploying security updates. As we've seen with the flurry of hacks, ranging from the sophisticated SolarWinds compromise all the way down to common ransomware attacks, attackers go after the Active Directory infrastructure to increase access and establish persistence. We’re impressed with the insights that Alsid brings to enterprise customers and look forward to working with the Alsid team to add this critical element to Cyber Exposure and risk management," Amit Yoran, Tenable Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US