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Romanian firm Bitdefender to acquire Singapore’s Horangi Cyber Security

by The Novum Times
30 June 2023
in Asia Pacific
Reading Time: 2 mins read
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Bitdefender, a global cybersecurity company headquartered in Romania, has agreed to acquire Singapore-based Horangi Cyber Security.

The transaction is expected to close subject to the satisfaction of customary closing conditions. Terms of the transaction were not disclosed.

With this acquisition, Bitdefender will incorporate Horangi’s Cloud Infrastructure Entitlement Management (CIEM) and Cloud Security Posture Management (CSPM) capabilities into the Bitdefender GravityZone unified risk and security analytics platform. These will add critical compliance and governance capabilities to Bitdefender’s threat prevention, protection, detection and response capabilities.

Additionally, Horangi’s security services, including proactive risk assessment, red teaming, and penetration testing, will integrate with and complement Bitdefender Managed Detection & Response (MDR) services.

Also Read: Lessons from Echelon: Make cybersecurity a priority from day one of the business planning

Horangi Cyber Security was founded in 2016. Its flagship platform, Horangi Warden, is a cloud-native solution that secures critical cloud infrastructures for hundreds of enterprise organisations across all major public cloud platforms, including AWS, Azure, and Google Cloud.

“This acquisition represents a strategic partnership built on shared values, a commitment to innovation, and a vision for the future,” stated Paul Hadjy, Co-Founder and CEO of Horangi Cyber Security. “By leveraging Bitdefender’s broad cybersecurity portfolio, our customers can expect an even greater level of service, accelerated innovation pace, and exceptional cybersecurity outcomes in the cloud and beyond.”

Founded in 2001, Bitdefender is a cybersecurity company delivering threat prevention, detection, and response solutions. The firm has customers in 170-plus countries with offices worldwide.

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The post Romanian firm Bitdefender to acquire Singapore’s Horangi Cyber Security appeared first on e27.



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Tags: acquireBitdefenderCyberfirmHorangiRomaniansecuritySingapores

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