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NetSPI completes acquisition of Hubble to enhance proactive security portfolio

Jun 13, 2024•over 1 year ago

Acquiring Company

NetSPI

Acquired Company

Hubble

MinneapolisRestonSecurityInformation TechnologyNetwork SecurityCyber SecurityInformation Technology

Description

NetSPI, a proactive security solution provider, has announced the acquisition of Hubble Technology Inc., a cybersecurity company specializing in cyber asset attack surface management (CAASM) and cybersecurity posture management solutions. The integration of Hubble's Asset Intelligence™ and CAASM product, Aurora™, into The NetSPI Platform will empower security teams to achieve complete visibility of their attack surfaces and tackle asset and exposure management challenges, enhancing and accelerating NetSPI's ability to prioritize risk associated with assets and vulnerabilities in customer networks.

Company Information

Company

NetSPI

Location

Minneapolis, Minnesota, United States

About

NetSPI is the proactive security solution used to discover, prioritize, and remediate security vulnerabilities of the highest importance, so businesses can protect what matters most. Leveraging a unique combination of dedicated security experts, intelligent process, and advanced technology, NetSPI helps security teams take a proactive approach to cybersecurity with more clarity, speed, and scale than ever before. By continually advancing solutions such as Penetration Testing as a Service (PTaaS), Attack Surface Management (ASM), and Breach and Attack Simulation (BAS), NetSPI goes beyond the noise to deliver high impact results and recommendations based on business needs, so customers can protect their priorities, perform better, and innovate with confidence.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed