2014 seems to be the year of the acquisition date. And, by extension, a year of good news for start-ups in India. The news that Google acquired the start of three years with Indian roots Impermium , comes on the heels of the acquisition of Banglore based home camera secret laboratories Facebook earlier this month. As co -founders and offices in Bangalore and California. The third co -founder.
A note on the site reads Imperium - “When we founded Impermium three years ago, our mission was to help free network of spam, fraud and abuse sites as they gain in popularity, criminals and criminals are never far behind. Impermium and worked hard to defend some of the largest sites and faster growth. Google join our team meet with some of the best fighters in the world of abuse. Along with our talent we promote our mission and help to make the Internet a safer place ...
Why security company acquisitions hot "? Previous years have seen a number of tech giants smacking security firm’s frenzies. Experts believe the trend is difficult to reverse, because the threats to security have multiplied manifold and the consequences of a violation are becoming more serious than ever. According to Gartner, technology and security services in the world market would be around $ 67.2 billion in 2013, up 8.7 percent from $ 61.8 billion in 2012. Gartner expects the market to grow to more than 86 billion in 2016.
According to Gartner analysts, the three key trends shaping the security market in the future is mobile security, big data and advanced targeted attacks. Most of this growth is due to the fact that losses from security breaches are costing companies mini fortune as well as affect their perception of the market significantly. Recent violations have left the likes of Google, LinkedIn and Facebok looking somewhat embarrassed.
According to a recent World Economic Forum (WEF) in collaboration with the global consulting firm McKinsey & Company, the inability to increase computer security could cost the global economy a staggering $ 3 billion in the near future. Titled “managers on a hyper - connected world," the report warned that cyber attacks could increase if a cut to strengthen the ability to prevent this type of activity occurs.
The main technological trends, including mass analysis, cloud computing and Big Data, could create between $ 9.6 trillion and $ 21.6 trillion in value for the global economy. However, large institutions lack the facts and processes to make and implement effective decisions about cyber- resistance, according to the report. In general, the ability to manage information risk for a vast majority of companies is at an early stage or in the developing world, the report concludes.
A previous acquisition is to reduce the gap between the threats and the security features that the big technology companies seem to be interested in acquiring security. The last two years have seen a number of these acquisitions in progress. 2013 saw the acquisition of IBM Trusteer - Israeli based technology for its malware and fraud prevention ( transaction valued at about $ 1 billion ) , and the Cisco acquisition of Sourcefire , best known for his intrusion prevention system open- source Snort , for $ 2.7 billion.
Important appearing earlier acquisitions include HP ArcSight for $ 1.6 billion, Symantec acquiring Verisign for $ 1.3 billion and Intel buying McAfee for $ 7.8 billion. With security threats on the march one step ahead of security implementations , we can expect to see more acquisitions of security technology companies try to increase safety is at stake.
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