Verizon Acquires Cloud-based Network Security Firm ProtectWise

2 months ago
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Verizon Acquires Cloud-based Network Security Firm ProtectWise Image Credit: iKorch/Bigstockphoto.com

Verizon announced that it closed its acquisition of ProtectWise, a Colorado-based company which provides cloud-delivered Network Detection and Response.

This acquisition allows Verizon to expand its product offering in Network Detection and Response and bring additional talent to the company. 

Technology from ProtectWise will be integrated into Verizon’s existing offerings. 

Alex Schlager, Execuive Director, Product Management and Development, Verizon
Integrating ProtectWise's capabilities with Verizon's leading global network services further enhances our ability to detect and respond to security threats. In addition, as we rapidly expand our 5G footprint, increasing our capacity and capabilities in network detection and response will secure our customers as they adapt and expand with the next generation of connectivity.

Scott Chasin, ProtectWise, CEO and Co-Founder, ProtectWise
ProtectWise has dedicated the last five years to building a next-generation Network Detection and Response platform that’s been recognized as one of the leading technologies in the cybersecurity industry. Our technology and the outstanding team behind it will be great assets to Verizon as the company expands its enterprise security offerings.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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