Security services and IT management firm HelpSystems has acquired Digital Guardian, a SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organisations, for an undisclosed amount.
The acquisition of Digital Guardian will further enhance HelpSystems’ data security portfolio, combining its DLP products with a range of security solutions, such as GoAnywhere, Clearswift, Agari and Titus.
In addition to extending HelpSystems’ DLP capability, the acquisition bolsters its ability to categorise, or classify, data and protect it across a wide set of applications and operating systems.
“Our global customers look to us to provide them with powerful solutions and services to support all of their cybersecurity needs, and the data protection expertise the Digital Guardian team brings to HelpSystems is second to none,” said Kate Bolseth, CEO, HelpSystems. “As the threat landscape grows and organisations struggle to keep up, the ability for teams to offload deployments as well as the ongoing risk and responsibility to experts is invaluable. We are thrilled to welcome the Digital Guardian team into the HelpSystems family.”
For Mordecai Rosen (pictured), CEO of Digital Guardian, data breaches remain one of the top risks to organisations today, with recent headlines serving as a stark reminder that even the world’s largest and most influential companies aren't immune to the threat. “It’s why data classification and DLP remain critical components of a comprehensive cybersecurity program, and the combination of Digital Guardian and HelpSystems will provide all our customers, regardless of their size, the opportunity to implement world-class data protection solutions,” he said.
Macquarie Capital served as an exclusive financial advisor to Digital Guardian on its sale to HelpSystems.
