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Verizon signals Yahoo data breach may affect acqusition

Verizon has signaled that Yahoo's massive data breach may be enough reason to halt its US$4.8 billion deal to buy the internet company.On Thursday, Verizon's general counsel Craig Silliman said the company has a "reasonable basis" to believe that the breach involving 500 million Yahoo accounts has had a material impact on the acquisition. This could give
Publish At:2016-10-13 22:15 | Read:1440 | Comments:0 | Tags:Security Hacking Data Breach Mergers and Acquisitions

Verizon may want a $1 billion discount on Yahoo

Verizon may be getting cold feet with its acquisition of Yahoo. Reportedly, it's asking for a $1 billion discount on the original $4.8 billion deal for the Internet company.Recent news about Yahoo's massive data breach and its alleged secret email scanning program has diminished the company's value in the eyes of Verizon, according to a Thursday report b
Publish At:2016-10-07 01:40 | Read:1365 | Comments:0 | Tags:Mergers and Acquisitions Security Privacy Internet

Mergers create greater security risk

Corporate mergers and acquisitions (M&A) can be fraught with risks related to financial matters, company culture, personnel, IT systems integration and other areas.Security risks, both cyber and physical, certainly belong on the list of concerns. And with the ongoing shortage of professionals who are expert in various aspects of data protection—coupl
Publish At:2016-09-14 05:30 | Read:2138 | Comments:0 | Tags:Security Data Protection Skills and Training Leadership and

RSA: Expect business as usual now that Dell owns it

RSA Amit YoranEnterprises should expect business as usual from RSA in the wake of its being swept up by Dell this week in the largest tech deal ever, with company executives saying it will retain a good deal of autonomy to carry out its strategic plans.Those plans call for further R&D into what the company regards as its three main building blocks:
Publish At:2016-09-08 21:45 | Read:1706 | Comments:0 | Tags:Security Mergers and Acquisitions

Intel sells off majority stake in McAfee unit

Intel is selling off a majority stake in its McAfee unit and turning it back into an independent security company.Intel made the deal with investment firm TPG, which will own a 51 percent stake in the new McAfee company. Intel will own the remainder.As part of the deal, Intel is receiving $3.1 billion in cash. It originally bought McAfee back in 2011 for
Publish At:2016-09-08 03:30 | Read:1072 | Comments:0 | Tags:Security Mergers and Acquisitions

John McAfee’s company could spoil the party for Intel’s new venture

Intel’s plans to spin out its security business under the McAfee name could be clouded by the plans of security expert and businessman John McAfee, who claims he had not assigned the rights to his personal name.The chip maker said Wednesday that it had signed an agreement with TPG for a deal that would see its Intel Security business as a separate cybers
Publish At:2016-09-08 03:30 | Read:1452 | Comments:0 | Tags:Security Legal Mergers and Acquisitions Intellectual Propert

IDG Contributor Network: Making cybersecurity a priority in mergers and acquisitions: integration

The change inevitable in a post-deal situation makes the new company a ripe target for cyber criminals, who often capitalize on the security vulnerabilities that can arise during system implementations, lack of clarity or governance, and employees who may be anxious about losing their jobs. How does a smart, strategic CIO circle the wagons and fo
Publish At:2016-08-15 12:50 | Read:1754 | Comments:0 | Tags:Mergers and Acquisitions Security Cybersecurity Leadership a

Taking stock of Apple's 2016 acquisitions

Apple’s acquisition this past week of Turi, a Seattle machine learning company that has its roots in the open source GraphLab project, brings to six the number of deals Apple has made this year that have gone public. So while Apple’s $2.5 billion in R&D spending during its recently completed second quarter represented a 25% increase over the
Publish At:2016-08-11 17:25 | Read:2125 | Comments:0 | Tags:Smartphones iOS Hardware Security Analytics Mergers and Acqu

IDG Contributor Network: Making cybersecurity a priority in mergers and acquisitions: due diligence

Let’s say Company X wants to purchase Company Y. If Company X is smart, it will not only be looking at Company Y’s financials, structure, culture and more to determine value and strategic fit. Company X will also be taking a long, hard look at Company Y’s cybersecurity posture.How often do the Company Xs of the world — the buyers — take that long
Publish At:2016-08-08 16:10 | Read:1627 | Comments:0 | Tags:Mergers and Acquisitions Security Cybersecurity Leadership a

Citrix & LogMeIn complete complicated, tax-free sort-of merger

LogMeIn, the makers of the popular remote desktop software as well as IT security and conferencing offerings, will become part of a Citrix subsidiary in the wake of a complicated, $1.8 billion transaction announced Tuesday by the two companies.The transaction is what’s called a Reverse Morris Trust, which apparently allows the untaxed transfer of
Publish At:2016-07-28 06:00 | Read:1654 | Comments:0 | Tags:Infrastructure Security Careers/Staffing Internet of Things

Intel is said to mull selling its security business

Intel is considering selling its security business as the company tries to focus on delivering chips for cloud computing and connected devices, according to a news report.The Intel Security business came largely from the company's acquisition for US$7.7 billion of security software company McAfee. Intel announced plans to bake some of the security techno
Publish At:2016-06-27 00:00 | Read:1637 | Comments:0 | Tags:Security Software Mergers and Acquisitions

Here are 5 reasons Symantec is buying Blue Coat

As cyber threats diversify and expand, anti-virus provider Symantec is doing the same. Late Sunday, the company said it would shell out $4.65 billion to acquire Web security provider Blue Coat. Here are five reasons the deal could make sense for Symantec.1. Threats are evolving, Symantec needs to as wellSymantec has been selling PC antivirus products for
Publish At:2016-06-14 01:45 | Read:1910 | Comments:0 | Tags:Mergers and Acquisitions Security

Symantec to acquire Blue Coat for $4.65 billion

Security company Symantec is to acquire Web security provider Blue Coat for US$4.65 billion in cash in a deal that will broaden the portfolio of security technologies the combined company can offer customers as they move to the cloud.The deal, which is expected to be closed by the third quarter, will also see Greg Clark, CEO of Blue Coat, taking over as
Publish At:2016-06-13 07:30 | Read:1328 | Comments:0 | Tags:Security Mergers and Acquisitions

Merging firms appealing targets for attackers

Companies going through a merger or acquisition, as well as their lawyers, financial advisers, and other associated firms are all tempting targets for cyberattackers, according to a new report from Digital Shadows.The attackers use public sources for the first round of information gathering, then spearphishing and malware campaigns against targeted indiv
Publish At:2016-03-31 02:40 | Read:1366 | Comments:0 | Tags:Skills and Training Security Data Breach Mergers and Acquisi

IBM to buy Resilient Systems, bringing security guru Bruce Schneier on board

IBM will acquire Resilient Systems, it announced Monday, and along with the company, it will gain a big name in the security world: Bruce Schneier.Resilient makes an incident-response platform that automates and orchestrates the processes for dealing with cyber incidents such as breaches and lost devices, and enabling companies to respond more quickly. T
Publish At:2016-02-29 21:25 | Read:1571 | Comments:0 | Tags:Security Cyber Attacks/Espionage Mergers and Acquisitions

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