ServiceNow Acquires BrightPoint Security
June 2016 by Coline Magne
ServiceNow, the enterprise cloud company, announced it has agreed to acquire BrightPoint Security in an all-cash transaction expected to close this month.
With this acquisition, ServiceNow continues to expand its Security Operations offering, enabling customers to more quickly identify and respond to relevant threats.
According to a study by the Enterprise Strategy Group (ESG), 93% of security executives surveyed said their response process is hindered by manual and informal processes.
To address this, ServiceNow launched Security Operations in February. The company intends to amplify the value of this cloud application by adding BrightPoint Security capabilities in a future release. The BrightPoint addition will help firms gain secure and controlled information sharing to rapidly prioritize and better remediate threats.