Outpost24 Acquires External Attack Surface Management Provider Sweepatic To Reduce Risk Exposure Of Internet-Facing Assets
Jun 07, 2023•about 2 years ago
Acquiring Company
Outpost24
Acquired Company
Sweepatic
Information TechnologySoftware
Description
Outpost24, a leading cybersecurity risk management platform, today announced the acquisition of Sweepatic. Based in Leuven (BE), Sweepatic is an innovative external attack surface management (EASM) platform. Gartner identified EASM as a top Security and Risk Management (SRM) trend for 2022. By leveraging their EASM solution across Outpost24’s full-stack security assessment and threat intelligence offering, customers will be provided with the most comprehensive view of their internal and external attack surface to identify unknown assets and prioritize risk mitigation.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed