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Mimecast Acquires Solebit

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Mimecast announced that it has acquired Solebit for approximately $88 million net of cash acquired.

Solebit’s technology helps detect and protect against zero-day malware and unknown threats in data files and links to external resources/URLs.

“Security methods like signature-based antivirus and sandbox detonation are too limited when it comes to today’s most advanced threats,” said Peter Bauer, chief executive officer at Mimecast. “Solebit has developed a differentiated approach that is engineered to preclude the need for signatures and sandboxes,” the company explains. “It is designed to help customers find advanced threats by recognizing when there is malicious code embedded within active content and data files.”

Mimecast says that Solebit’s threat detection tools are already integrated into Mimecast Targeted Threat Protection products.

“Combined with the recent acquisition of Ataata in the security awareness and training space, and the recently previewed early adopter web security program, Solebit brings another important set of microservices to the Mime|OS platform that all of Mimecast’s unified services are built upon,” the company says.

 

 

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