GEC NEWS WIRESophos has entered an agreement to acquire Invincea. Invincea’s endpoint security portfolio is designed to detect and prevent unknown malware and sophisticated attacks via its patented deep learning neural-network algorithms.
“By adding Invincea to our portfolio, Sophos is executing on its vision to assemble the most powerful technologies to provide the very best, cutting-edge defenses for our customers,” commented Kris Hagerman, chief executive officer at Sophos.
The Invincea machine learning malware detection and prevention technology will be fully integrated into the Sophos endpoint protection portfolio, further strengthening Sophos’ leadership in this fast-growing market. The availability of Invincea technology through the Sophos Central security management platform will further enhance the Sophos synchronized security portfolio and real-time intelligence sharing.
“We started Invincea with the vision of using non-signature based technologies, including machine learning, in innovative ways to protect organizations against the most advanced forms of cyber-attack,” commented Anup Ghosh, founder and chief executive officer at Invincea. Norm Laudermilch, COO and head of product development at Invincea added, “Invincea set out to disrupt the traditional approach to antivirus, and even now no single technology is enough to fully protect customers.”
Sophos has agreed to acquire Invincea from its shareholders for a cash consideration of $100 million with a $20 million earn-out. Invincea CEO Anup Ghosh and COO Norm Laudermilch will join Sophos in key leadership positions.
