Wipro has made a 4.5 times return on its $4.2m investment in the cyber threat intelligence provider, which has been acquired by Rapid7.
Cybersecurity analytics provider Rapid7 purchased IntSights Cyber Intelligence, a US-based provider of cyber threat intelligence technology, yesterday, in a $335m cash-and-stock deal enabling IT services firm Wipro to exit.
IntSights has developed a software platform which provides intelligence on cyber threats in real time, allowing for quick threat remediation. The deal is intended to heighten Rapid7’s threat detection service along with its extended detection and response technology.
Corey Thomas, Rapid7’s chairman and chief executive, said: “Cybersecurity is a lopsided battle…
