EMC Acquires NetWitness
Poster: SySAdmin
Posted on April 4, 2011 at 8:14:01 AM
EMC Acquires NetWitness
Leading Network Security Analysis Vendor Strengthens RSA's Advanced Security, Risk and Compliance Management Solutions
HOPKINTON, Mass., April 4, 2011 /PRNewswire/ -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced that it has acquired Virginia-based NetWitness Corporation -- a privately-held, market-leading provider of network security analysis solutions. NetWitness' technologies provide precise and pervasive network visibility, enabling security teams to detect and remediate advanced threats while automating the incident investigation process. EMC's acquisition of NetWitness closed on April 1, 2011, and NetWitness will now operate as a part of RSA, The Security Division of EMC. The transaction is not expected to have a material impact to revenue or EPS for the full 2011 fiscal year.
NetWitness offers a revolutionary network security monitoring and analysis platform that provides organizations with a complete and actionable understanding of activity happening on their enterprise networks. Leading organizations worldwide have deployed NetWitness solutions to solve a wide range of the most challenging information security problems including: insider threats, zero-day exploits and targeted malware, advanced persistent threats, fraud, espionage, data leakage, and continuous monitoring of critical security controls. NetWitness customers include enterprises across the Global 1000 in sectors such as financial services, power and energy, telecommunications, retail, and high-tech, as well as government agencies around the world in defense, homeland security, law enforcement, and intelligence.
"The intensity and sophistication of advanced adversaries and zero day malware challenge every organization to rethink traditional approaches to network security," said Tom Heiser, President, RSA, The Security Division of EMC. "NetWitness has redefined the security landscape, providing a powerful solution for organizations seeking to gain immediate insight, precise clarity, and timely closure in the face of the toughest cyber threats. NetWitness' unique network security analysis capabilities extend RSA's solutions for managing security risk and compliance across both physical and virtual environments."
NetWitness will become a core element of RSA's Advanced Security Management Solutions, providing real-time visibility into network activity and adding efficiency to incident investigations and workflow. By combining the NetWitness network monitoring and analysis technology with RSA's enVision® platform, RSA® Data Loss Prevention Suite (DLP) and RSA® CyberCrime Intelligence service, security teams can achieve deep insight into the security posture of their organizations. The precise intelligence and visibility that NetWitness provides, coupled with the RSA Archer eGRC platform, enables organizations to apply business context to security information for better identification and prioritization of security risks while improving and streamlining the incident management process.
NetWitness innovations also go beyond network security analysis to include automated malware analysis, a rapidly growing requirement for addressing advanced persistent threats. Announced at RSA Conference 2011 and available in Q2 2011, NetWitness unveiled Spectrum, a new offering that replicates the knowledge, process and workflow of malware analysts. Spectrum will deliver multiple signature-free methods to identify advanced and zero-day malware. When supplemented by the data collected through RSA FraudAction and RSA CyberCrime Intelligence services, Spectrum can perform a key role in addressing evolving threats.
"EMC and NetWitness share a complementary vision for the future of security management, work with the same types of industry-leading customers, and have a respect for each other's cultures of innovation and growth," said Amit Yoran, CEO of NetWitness. "Joining RSA is a strategic move that will deliver significant benefit for NetWitness customers, partners and employees. EMC has a tremendous record of bringing together smart people and hot technologies and continuing to invest in them to further accelerate growth and achieve their full market potential. Together, we have an opportunity to further strengthen our leadership position in network security analysis by creating new, integrated products and capabilities to solve our customers' most complex security challenges."
About NetWitness
NetWitness® is a revolutionary network monitoring platform that provides enterprises a precise and actionable understanding of everything happening on the network. NetWitness solutions are deployed in customer environments to solve a wide range of tough information security problems including: insider threats, zero-day exploits and targeted malware, advanced persistent threats, fraud, espionage, data leakage, and continuous monitoring of security controls. NetWitness customers include enterprises across the Global 1000 in sectors such as financial services, power and energy, telecommunications, retail, and high-tech, as well as government agencies around the world in defense, homeland security, law enforcement, and intelligence.
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.EMC.com.
EMC, RSA, enVision, Data Loss Prevention Suite, are registered trademarks; RSA CyberCrime Intelligence Service and Archer eGRC platform are trademarks of EMC Corporation. All other product and company names herein may be trademarks of their respective owners.
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; (xiv) litigation that we may be involved in; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
SOURCE EMC Corporation
EMC Corporation
CONTACT: Jenn McManus-Goode of RSA, The Security Division of EMC, +1-781-515-6313, jennifer.mcmanus@rsa.com
Web Site: http://www.emc.com
Leading Network Security Analysis Vendor Strengthens RSA's Advanced Security, Risk and Compliance Management Solutions
HOPKINTON, Mass., April 4, 2011 /PRNewswire/ -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced that it has acquired Virginia-based NetWitness Corporation -- a privately-held, market-leading provider of network security analysis solutions. NetWitness' technologies provide precise and pervasive network visibility, enabling security teams to detect and remediate advanced threats while automating the incident investigation process. EMC's acquisition of NetWitness closed on April 1, 2011, and NetWitness will now operate as a part of RSA, The Security Division of EMC. The transaction is not expected to have a material impact to revenue or EPS for the full 2011 fiscal year.
NetWitness offers a revolutionary network security monitoring and analysis platform that provides organizations with a complete and actionable understanding of activity happening on their enterprise networks. Leading organizations worldwide have deployed NetWitness solutions to solve a wide range of the most challenging information security problems including: insider threats, zero-day exploits and targeted malware, advanced persistent threats, fraud, espionage, data leakage, and continuous monitoring of critical security controls. NetWitness customers include enterprises across the Global 1000 in sectors such as financial services, power and energy, telecommunications, retail, and high-tech, as well as government agencies around the world in defense, homeland security, law enforcement, and intelligence.
"The intensity and sophistication of advanced adversaries and zero day malware challenge every organization to rethink traditional approaches to network security," said Tom Heiser, President, RSA, The Security Division of EMC. "NetWitness has redefined the security landscape, providing a powerful solution for organizations seeking to gain immediate insight, precise clarity, and timely closure in the face of the toughest cyber threats. NetWitness' unique network security analysis capabilities extend RSA's solutions for managing security risk and compliance across both physical and virtual environments."
NetWitness will become a core element of RSA's Advanced Security Management Solutions, providing real-time visibility into network activity and adding efficiency to incident investigations and workflow. By combining the NetWitness network monitoring and analysis technology with RSA's enVision® platform, RSA® Data Loss Prevention Suite (DLP) and RSA® CyberCrime Intelligence service, security teams can achieve deep insight into the security posture of their organizations. The precise intelligence and visibility that NetWitness provides, coupled with the RSA Archer eGRC platform, enables organizations to apply business context to security information for better identification and prioritization of security risks while improving and streamlining the incident management process.
NetWitness innovations also go beyond network security analysis to include automated malware analysis, a rapidly growing requirement for addressing advanced persistent threats. Announced at RSA Conference 2011 and available in Q2 2011, NetWitness unveiled Spectrum, a new offering that replicates the knowledge, process and workflow of malware analysts. Spectrum will deliver multiple signature-free methods to identify advanced and zero-day malware. When supplemented by the data collected through RSA FraudAction and RSA CyberCrime Intelligence services, Spectrum can perform a key role in addressing evolving threats.
"EMC and NetWitness share a complementary vision for the future of security management, work with the same types of industry-leading customers, and have a respect for each other's cultures of innovation and growth," said Amit Yoran, CEO of NetWitness. "Joining RSA is a strategic move that will deliver significant benefit for NetWitness customers, partners and employees. EMC has a tremendous record of bringing together smart people and hot technologies and continuing to invest in them to further accelerate growth and achieve their full market potential. Together, we have an opportunity to further strengthen our leadership position in network security analysis by creating new, integrated products and capabilities to solve our customers' most complex security challenges."
About NetWitness
NetWitness® is a revolutionary network monitoring platform that provides enterprises a precise and actionable understanding of everything happening on the network. NetWitness solutions are deployed in customer environments to solve a wide range of tough information security problems including: insider threats, zero-day exploits and targeted malware, advanced persistent threats, fraud, espionage, data leakage, and continuous monitoring of security controls. NetWitness customers include enterprises across the Global 1000 in sectors such as financial services, power and energy, telecommunications, retail, and high-tech, as well as government agencies around the world in defense, homeland security, law enforcement, and intelligence.
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.EMC.com.
EMC, RSA, enVision, Data Loss Prevention Suite, are registered trademarks; RSA CyberCrime Intelligence Service and Archer eGRC platform are trademarks of EMC Corporation. All other product and company names herein may be trademarks of their respective owners.
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; (xiv) litigation that we may be involved in; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
SOURCE EMC Corporation
EMC Corporation
CONTACT: Jenn McManus-Goode of RSA, The Security Division of EMC, +1-781-515-6313, jennifer.mcmanus@rsa.com
Web Site: http://www.emc.com