Qualys to acquire Nevis Networks

NEW DELHI: The California-based Qualys said that it has entered into an asset purchase agreement with Nevis Networks, pursuant to which Qualys will acquire certain assets of Nevis Networks in a cash transaction.

This asset purchase is expected to provide significant domain expertise in passive scanning technologies and allow Qualys to accelerate its move into the adjacent market of mitigation and response at endpoints.

Nevis has built a series of high performance security products that extend similar levels of protection found in the perimeter to all users on enterprise LANs. These solutions allow enterprises to share network access to managed (employees) and unmanaged users (guests, contractors, customers) whilst providing the necessary control required by compliance and regulatory bodies. Nevis' highly scalable and cost-effective solutions are seamlessly integrated into the policy infrastructure of the network.

"This transaction will enable the strengthening of Qualys' technology stack and commercial presence in India, which represent a significant market opportunity," said Philippe Courtot, chairman and CEO, Qualys.

"Nevis Networks has built a series of high performance and low-cost network traffic analysis tools that help enterprises enforce network access control to business applications based on policy, which Qualys will natively integrate into the Qualys Cloud Platform. In essence this acquisition helps us to strengthen our forthcoming passive scanning offering and accelerate our entrance into the adjacent market of mitigation and response."