28 Sep 2004
Consolidation in the security sector continued last week as three firms planned a merger to form a new security giant offering global services.
Risk management specialist TruSecure; Betrusted Holdings, a US developer of identity management solutions; and Ubizen, a subsidiary of Betrusted based in Belgium, that produces the OnlineGuardian software, last week moved to form a new company, Cybertrust.
The merger, which is subject to both shareholder and regulatory approval, would create a firm with wide expertise spanning various areas of security, including identity management, threat and vulnerability management and public-key encryption.
The announcement continues the trend towards consolidation in managed security services. Earlier this month Symantec agreed to buy security specialist @Stake on the back of its decision to take over email management specialist Brightmail; and late last year VeriSign acquired managed security specialist Guardent.
Andrew Braunberg, senior analyst for data security at Current Analysis, said the wave of consolidation in the security sector centred on identity management, content security and vulnerability management.
"ID management vendors have been moving toward complete suites for some time," Braunberg said. "This has lead most recently to a rash of acquisitions of provisioning vendors, starting with IBM's acquisition of Access360 several years ago but accelerating considerably over the last year."
Braunberg said growing demand for vulnerability control tools was also driving consolidation in patch management, vulnerability assessment, configuration management, security event management and desktop threat protection vendors. He cited McAfee's purchase of Foundstone and Patchlink's acquisition of Moonlight as examples.
"Expect this trend to accelerate," Braunberg said. "There is also the long-established move of traditional antivirus vendors extending their content and messaging protection to areas like anti-spam, anti-spyware, and content filtering."
Braunberg added, "These trends are positive for customers because solutions-based approaches make increasing sense. Base functionality will become increasingly commoditised and management, integration and compliance issues will become considerably more important."
For the latest news for IT professionals, visit ITWeek.co.uk
Have your say on this article
Newsletters
Latest stories from Security Technology
Latest videos
You may also like
Security Technology jobs
Technology Patent Wars
Case studies from large organisations across all sectors
... And rich media, and flexible working, and peaks in traffic ...
Upcoming Events
Join us for this Computing web seminar, in which the Head of BI at the Co-operative Group Nick Colebourn will be explaining just how he reigned in the Group’s sprawling database estate and how significant savings were realised and data quality improved as a result.
Date: 31 May 2012
Time: 11:00 AM
Live June 13th 11:00am: Register now. During this web seminar we will be looking at the sorts of incidents that can bring data centres grinding to a halt and what can be done about them.
Date: 13 Jun 2012
Time: 11:00 am
Receive the latest jobs direct to your inbox
Are you being paid what you are worth?