Osage University Partners is in line for an exit as the anti-malware software developer, based on UCSB and Northeastern research, agrees to an acquisition.
Virtualisation software provider VMware has agreed to acquire US-based malware protection technology developer Lastline, allowing spinout-focused investment firm Osage University Partners (OUP) to exit.
Financial terms of the acquisition, which is expected to close by the end of July 2020, have not been disclosed. VMware is majority-owned by computer manufacturer Dell, an existing shareholder in Lastline.
Lastline has developed a software platform that uses artificial intelligence to protect network, email, cloud and web infrastructure from sophisticated malware attacks.…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
