Announced
Completed
Financials
Sources
Tags
Single Bidder
software development
Domestic
cybersecurity
Acquisition
software hosting
Majority
United States
Completed
Friendly
Software
Private
Synopsis
CloudWave, a provider of healthcare data security, completed the acquisition of Sensato Cybersecurity, a managed cybersecurity services company focused on protecting healthcare providers from ransomware events and other cybersecurity threats. Financial terms were not disclosed. "As a managed cloud service provider to hundreds of hospitals, CloudWave has witnessed how devastating a cyber event can be to healthcare organizations. Unfortunately, the frequency of these attacks continues to rise—an increasing number of customers have called upon CloudWave for rapid response services to help halt and remediate cyberattacks on their on-premises systems in just the last two years. With the addition of the innovative, proprietary technologies included in the Sensato Cybersecurity suite, along with the cyber expertise of the Sensato team, CloudWave will be able to offer customers the high-level cybersecurity we provide for our cloud-based delivery to on-premises systems," Erik Littlejohn, CloudWave President and CEO.
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