Web and messaging security specialist M86 Security has acquired Finjan to bolster its enterprise credentials and SaaS operations.
Under the terms of the undisclosed deal M86 will immediately merge in Finjan’s operations, product and technology and its labs and malicious code research centre.
M86 itself is no stranger to consolidation being formed out of the merger a year ago of Marshal and 8e6 Technologies and it also acquired behavioural malware detection company Avinti in March.
John Vigouroux , chief executive of M86, who had held the position of CEO of Finjan until April this year when he moved jobs, will know all about the company that it is acquiring.
“We’re confident about our aggressive plan to integrate its secure Web gateway into the M86 product line,” he said.
He added that the enterprise product line, experience and products helping with gateway security and Finjan’s knowledge of delivering services via the cloud were all factors behind the deal.
In response Gadi Maier, president and CEO of Finjan Software said that the merger was a good fit and it would benefit from the worldwide distribution that was set up by M86.