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"CEOs from both companies told CRN that the integrated companies could pit Tripwire more squarely against HP, IBM, Symantec and McAfee in the vulnerability and configuration management space," writes CRN's Robert Westervelt. "Tripwire provides file integrity monitoring, agent-based configuration management and log management. nCircle sells agentless configuration and vulnerability management software."
"Our combined solutions are uniquely positioned to align security posture with business objectives, a crucial step in making security and risk meaningful and actionable across the enterprise," Tripwire CEO Jim Johnson said in a statement.
"Tripwire had about 325 employees prior to the deal ... It hasn't disclosed 2012 revenues, but Johnson said they were north of $100 million," writes The Oregonian's Mike Rogoway. "The combined company will have more than 500 employees, according to Tripwire, and had bookings last year of about $140 million."