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Vectra Acquires Siriux Security Technologies To Extend Leadership In Identity And Saas Threat Management

Jan 25, 2022over 3 years ago

Acquiring Company

Vectra AI

Acquired Company

Siriux

San JoseMachine LearningSaasSoftwareArtificial IntelligencePrivacy And SecurityData And AnalyticsSoftware

Description

Vectra AI, a leader in AI-driven threat detection and response, today announced it has acquired Siriux Security Technologies, a leading provider of identity and software as a service (SaaS) posture management. The acquisition positions Vectra as the only vendor that enables customers to securely configure and detect active threats in cloud identity and SaaS applications, including Microsoft Azure AD and Microsoft 365.

Company Information

Company

Vectra AI

Location

560 SOUTH WINCHESTER BLVD

San Jose, California, United States

About

Vectra AI, Inc. is the leader in hybrid attack detection, investigation and response. The Vectra® AI Platform delivers integrated signal across public cloud, SaaS, identity, and data center networks in a single platform.

M&A Insights

Based on deal data
Integration 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

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