(Photo by Flicker user Yuri Samoilov)
Maryland cybersecurity company ID Agent was acquired by IT infrastructure management company Kaseya, the companies announced this week.
ID Agent will continue to operate under that brand as a business unit of the company, and will keep its headquarters in Bowie, led by CEO Kevin Lancaster. Terms of the deal were not disclosed.
“We’re so excited to join Kaseya,” Lancaster said in a statement. “The marriage of ID Agent with Kaseya’s existing security stack will give external and internal service providers greater opportunity to be leaders in cybersecurity protection by staying ahead of emerging threats with powerful, cost-effective services.”
ID Agent makes technology for public organizations and private businesses that includes a platform for monitoring employee or customer data on the dark web. A second platform offers simulated phishing attacks and cybersecurity awareness training.
The company announced a move from D.C. to Bowie in 2018 as it sought to be closer to cybersecurity talent in Maryland.
It’s the fifth acquisition in 18 months for Kaseya, which is headquartered in Dublin, Ireland, and has a presence in 20 countries. Cybersecurity is among the areas where the company looks to help IT organizations simplify their tech stacks, and ID Agent’s offerings will now be part of that effort. A few days before the acquisition was announced, Kaseya raised $500 million in new funding at a valuation of $1.75 billion.-30-
Mayor: City of Baltimore will have to rebuild some IT systems to recover from cyber attack
City of Baltimore ransomware attack affects home sales, payments and more
Cybersecurity expert on ‘Robbinhood’ ransomware attack: Recovery could take months
Building a data acquisition system? Don’t make this mistake
The City of Baltimore was hit by a ransomware attack
What’s driving Maryland cybersecurity’s economic growth?
Boost your cybersecurity knowledge with these 18 terms to learn
How SmartLogic accelerated these startups’ product growth trajectories
Sign-up for daily news updates from Technical.ly Baltimore