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Announced

Completed

Forescout completed the acquisition of Cysiv.

Financials

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

Tags

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computer security

Single Bidder

IT Services: Other

Domestic

Majority

Private

Completed

United States

Acquisition

Friendly

Synopsis

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Forescout, an automated cybersecurity provider, completed the acquisition of Cysiv, a cybersecurity innovator that uses its cloud platform to improve detection and response for true threats. Financial terms were not disclosed. “Security companies are guilty of adding one more agent, one more tool, when in reality, our customers don’t want more, they want less. Less agents, less noise, less applications to manage. Forescout is in the unique position of helping our customers achieve this with closed-loop threat protection on unmanaged and managed assets. We now take our unparalleled, agentless visibility and automated cybersecurity and combine this with Cysiv’s threat analytics and detection capabilities to assist our customers to respond more quickly," Wael Mohamed, Forescout CEO.

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