Website security company SiteLock
has acquired Patchman - another website security company. SiteLock has headquarters in Scottsdale, Arizona and is a “global leader” in the space. With around eight million websites under management, SiteLock’s cloud-based services protect against malware, check for website vulnerabilities and provide automatic malware removal. The company also offers a Web Application Firewall (WAF) service. Its acquisition of Patchman has helped SiteLock extend its website protection leadership. Financial aspects of the deal have not been released.
Patchman, which has headquarters in Enschede, The Netherlands, is a startup that launched in 2014. Its founder, Wouter de Vries, is also the founder of Antagonist, a leading web host in The Netherlands. Patchman was started to address security issues for Antagonist’s customers, issues often caused by them not updating Content Management Systems (CMS) - such as WordPress, Drupal and Joomla - to keep them current and resistant to security vulnerabilities being exploited. It was also designed to address DDoS attacks. By acquiring Patchman, SiteLock “will amplify its global reach” and help position itself to “accelerate its growth in web security by enabling greater support and services to the hosting provider community”.
“The vision of Patchman aligns with SiteLock very well,” explained SiteLock’s President, Neill Feather. “We’re excited to join forces and execute on our shared goal of securing every website on the internet. This acquisition will double the number of websites we protect, allowing us to increase our knowledge base, better identify malware patterns and more effectively mitigate threats. In addition, we can now provide more options for hosting providers around the world to work with us, and ensure high quality solutions are available to their end customers.”Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.