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Micro Focus acquires Interset

Micro Focus has acquired security analytics software vendor Interset as it expands its cyber security capabilities.

Samira Sarraf Feb 19th 2019 A-A+
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Micro Focus has acquired security analytics software vendor Interset as it expands its cyber security capabilities.

According to the software vendor the acquisition will add "depth" to its security, risk and governance portfolio. It also aligns with Micro Focus' strategy of helping customers to validate and assess risk quickly and accurately.

Interset's technology will supplement Micro Focus' big data analytics software Vertica and add additional value to Micro Focus ArcSight to deliver a highly differentiated cyber-security solution

Interset's solutions are used across several industries including energy, critical infrastructure, high-tech, aerospace, defence and government.

"Micro Focus recognised that an even more advanced analytics ecosystem was needed to assist in this journey, and we identified Interset as a critical addition to our strategy," said John Delk, senior vice president and general manager of security, risk and governance at Micro Focus.

Micro Focus is publicly listed on the London Stock Exchange. In September 2017 the vendor completed the US$8.8 billion deal to merge with HPE's software business.

The deal saw HPE offload its application delivery management, big data, enterprise security, information management and governance, and IT operations management.

As a result, Micro Focus doubled in size and became a $1.4 billion company with more than 4,500 employees, more than 5,000 partners operating across more than 30 countries and a customer base of 20,000.