Rapid7 Acquires Minerva Labs To Extend Leading Managed Detection And Response Service With Ransomware Prevention Technology

Mar 15, 2023almost 3 years ago

Acquiring Company

Rapid7

Acquired Company

Minerva Labs

Cloud SecurityNetwork SecurityCyber SecuritySecurityInformation Technology

Description

Rapid7, Inc. (NASDAQ: RPD), a leader in cloud risk and threat detection, today announced it has acquired Minerva Labs, Ltd., a leading provider of anti-evasion and ransomware prevention technology. Today, Rapid7’s Managed Detection and Response (MDR) services provide customers elevated detection and response capabilities across their cloud, on-premise and extended attack surfaces. With this acquisition, Rapid7 will further extend its leading managed threat detection capabilities with the ability to orchestrate advanced ransomware prevention. These new capabilities will seamlessly extend MDR across cloud resources, traditional infrastructure, and existing endpoint protection infrastructure, enabling customers to further consolidate their security investments.

Company Information

Company

Rapid7

About

Rapid7, Inc. (Nasdaq: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 10,000 global customers unite cloud risk management and threat detection to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or Twitter.

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