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Datto Acquires Cybersecurity Company Infocyte

Jan 20, 2022•almost 4 years ago

Acquiring Company

Datto

Acquired Company

Datto

SoftwarePrivacy And SecurityInformation TechnologySoftwarePrivacy And SecurityInformation Technology

Description

Datto Holding Corp. (Datto) (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for Managed Service Providers (MSPs), today announced that it has acquired threat detection and response company Infocyte, extending Datto’s security capabilities that protect, detect, and respond to cyberthreats found within endpoints and cloud environments.

Company Information

Company

Datto

About

Founded by the leaders of the United States Air Force Cyber Emergency Response Team (AFCERT), Infocyte is a globally trusted leader in proactive threat detection and incident response. The world’s leading security and incident response companies use Infocyte’s platform to proactively detect and respond to vulnerabilities and threats within their customers’ endpoints, data centers, and cloud environments. Infocyte’s team and partner ecosystem help organizations maintain compliance, stop ransomware and account takeover, reduce risk, optimize security operations, and scale security teams. Infocyte is the faster, simpler, smarter way to detect and orchestrate response to sophisticated threats. Prior to its acquisition by Datto, Infocyte was formed and operated with the support of LiveOak Venture Partners, Toba Capital and other private investors.

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