Barracuda Networks, Dell, Sumitomo, WatchGuard Technologies and NTT Finance are set to exit the anti-malware software developer through the transaction.
Virtualisation software provider VMware has agreed to acquire US-based malware protection technology developer Lastline for an undisclosed amount, allowing corporates Barracuda Networks, Dell, Sumitomo, WatchGuard Technologies and NTT Finance to exit.
Lastline has developed a software platform that uses artificial intelligence to protect network, email, cloud and web infrastructure from sophisticated malware attacks. It was co-founded in 2011 by faculty from Northeastern University and University of California, Santa Barbara.
The companies expect their combined offering will provide a comprehensive security…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
