Cyber exposure company Tenable Holdings, has announced that it has completed the acquisition of Alsid, a provider of secure Active Directory solution.
Under the terms of the agreement, Tenable acquired Alsid for a total purchase price of approximately US$98 million in cash, subject to customary purchase price adjustments.
The acquisition was completed on April 26, 2021 and combines the complementary strengths of two cybersecurity innovators and marks an important milestone in Tenable’s vision to help organisations understand and reduce cyber risk across the entire attack surface. Tenable also announced the availability of Tenable.ad, a new solution leveraging Alsid technology to secure Active Directory environments and disrupt one of the most common attack paths in both advanced persistent threats and common hacks.
“Active Directory is commonly targeted in attacks and is often the first thing bad actors go after when they gain access. Understanding your Active Directory security posture is a strategic and important complement to vulnerability management and is imperative to managing risk, especially in complex cloud and hybrid environments,” said Amit Yoran, chairman and CEO, Tenable. “We are delighted to welcome the Alsid team to Tenable and to offer Tenable.ad to our customers so we can help them focus on the security challenges that pose the greatest risk to their business.”
With Alsid’s deep expertise in securing Active Directory, Tenable is adding a new and innovative approach to disrupting cyberattacks.
Emmanuel Gras, CEO and Co-Founder, Alsid, said: “Today Alsid joins forces with Tenable. We share a singular vision to help our customers with a more holistic approach to foundational cybersecurity that includes powerfully effective solutions to prevent and detect Active Directory-focused attacks,” said. “While this milestone is important validation, we’re even more excited about the opportunities ahead of us as we integrate capabilities and expand into new markets globally.”
Click below to share this article