Barracuda has entered into a definitive agreement with Skout Cybersecurity, expanding its product line with an extended detection and response (XDR) platform for MSPs.
The deal, terms of which were not disclosed, will see Barracuda enter the fast-growing XDR market and continue its strategic M&A drive, which includes the recent acquisition of zero trust access provider Fyde.
“MSPs must be able to protect their customers' end users, their devices and the data they access with those devices from increasingly sophisticated threats. To achieve this level of protection for their customers and for themselves, MSPs are transforming their businesses into security-centric operations,” said Brian Babineau (pictured), senior vice president and general manager of Barracuda MSP.
“The addition of SKOUT allows Barracuda's MSP partners to deploy security solutions into their environments, connecting their data feeds into a unified 24/7 operation for rapid analysis and response,” he added.
By adding Skout’s XDR platform to its portfolio, the cybersecurity vendor said that it will be able to offer continuous security monitoring with response services for managed endpoints, networks and the cloud.
Skout’s XDR platform connects with critical security infrastructures such as email, firewall, identity and access, and a 24x7 SOC that aids the detection of and response to cyberattacks.
The acquisition is expected to close later this month, subject to obtaining required regulatory and third-party consents, and satisfaction of other customary closing conditions.
