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Reliaquest To Acquire Digital Shadows

Jun 01, 2022over 3 years ago

Acquiring Company

ReliaQuest

Acquired Company

Digital Shadows

TampaSecurityInformation TechnologySoftwarePrivacy And SecurityFinancial ServicesSoftware

Description

ReliaQuest, a force multiplier of security operations, today announced that it has entered into an agreement to acquire Digital Shadows, a company that delivers threat intelligence for security teams, for $160 million. The acquisition combines ReliaQuest’s ability to extend detection and response across cloud, network, and endpoint environments with Digital Shadows' digital risk and threat intelligence technology. This gives security operations teams the ability to detect and respond to threats with real-time internal and external visibility.

Company Information

Company

ReliaQuest

Location

Tampa, Florida, United States

About

ReliaQuest, the force multiplier of security operations, increases visibility, reduces complexity, and manages risk with its cloud native security operations platform, GreyMatter. ReliaQuest GreyMatter is built on an XDR architecture and delivered as a service anywhere in the world, any time of the day, by bringing together telemetry from tools and applications across cloud, on-premises and hybrid cloud architectures.

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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