US-based Akamai Technologies on Monday announced that it will acquire the world's largest and most trusted cyber security provider Prolexic Technologies for USD370 million. The deal is expected to close in spring of next year.
Security
US mobile firm Mocana gets $15M to secure the Internet of Things
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
Freedom Group to raise $175 million from Wall Street lenders
American firearms maker Freedom Group plans to raise $175 million from Wall Street financial institutions, according to a Reuters report. Cerberus Capital Management, which tried to exit the company last year, earlier opted for a $200 million mezzanine debt to pay off Freedom Group's investors.
US software firm Palantir raises $107.5M in latest round with $9B valuation
US-based big data company Palantir Technologies Inc has raked in USD107.5 million in a funding round filed last week that valued the firm at USD9 billion.
Tyco's USD1.6 billion South Korea unit attracts bids from KKR, Bain - sources
Tyco International Inc's South Korean security systems unit ADT Caps is reportedly attracting bids from private equity firms including KKR & Co LP and Bain Capital.
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Cryptolocker thieves are taking advantage of the $1,000 surge of the Bitcoin value by spreading malware that threatens to encrypt computer data and collecting anonymous Bitcoin ransom from unwitting victims.
Texas-based browser security company Quarri raised USD2.35 million in its first funding round today to improve its products, expand internationally, and add more people to its workforce.
California-based home automation startup August secured USD8 million in a Series A funding round to be used to manufacture the company's flagship smart lock product.
California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.
Oracle Corp made an announcement on its website via a redirect from Bitzer Mobile's site link that it had acquired the startup at an undisclosed amount to expand its business in the bring your own device (BYOD) market.
Virginia-based tech firm A-T Solutions acquired counterterrorism firm GreenLine Systems for an undisclosed amount to reinforce the border protection and transportation security of the US.
Co-founder and CEO Dan Robichaud of Password manager applicaton PasswordBox believed that Apple Inc's new TouchID system for its smartphones and iPads would be a great opportunity for the app maker to capitalize on.
Chicago-based tech company Trustwave Holdings Inc signed a deal to acquire New York-based data security software provider Application Security Inc for an unconfirmed amount yesterday.
Web security solutions firm Wallarm receives USD 500,000 in seed investment from Runa Capital. Runa Capital has made a USD 500,000 seed investment in Moscow, Russia-based web security solutions company Wallarm.
