Imperva Acquires Prevoty, Enhances App Security
Infosecurity Magazine | July 27, 2018
In an effort to deliver more robust application and data security solutions that protect enterprises against attacks from cyber-criminals, California-based Imperva Inc. announced that it will acquire the Los Angeles-based application security company Prevoty. The deal, which is expected to close in Q3 2018, has an estimated value of $140m. The Prevoty office will become an Imperva location. Five years into its journey to deliver application protection to enterprises, Prevoty drew Imperva's attention with its Autonomous Application Protection (AAP) product, which Imperva states will extend its ability to deliver end-to-end application services from the network edge all the way down to within the applications themselves, protecting not only the applications but also the various databases where data is stored. "The acquisition is expected to advance our hybrid security strategy and further our mission to deliver best-in-class cybersecurity solutions," said Chris Hylen, president and CEO of Imperva, in the press release. With the additional functionality of AAP, Imperva said it will deliver increased visibility into how applications are accessed to see what is happening within the application, thereby enhancing application services both on-premise and in the cloud.