MDR Acquisition: Iron Bow Technologies Buys GuardSight
Technology solutions provider Iron Bow Technologies has acquired cybersecurity operations-as-a-service (SECOPS) and managed detection and response (MDR) company GuardSight for an undisclosed sum.
This is technology M&A deal number 23 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
Iron Bow, founded in 1983, is based in Herndon, Virginia. The company has 879 employees listed on LinkedIn. Iron Bow’s areas of expertise include cybersecurity, digital transformation and IT modernization.
GuardSight, founded in 2009, is based in Cedar City, Utah. The company has 45 employees listed on LinkedIn. GuardSight’s areas of expertise include cybersecurity assessments, consulting and operations.
Iron Bow Bolsters Cybersecurity Solutions Portfolio
GuardSight will combine its SECOPS and MDR offerings with Iron Bow’s cybersecurity engineering capabilities, the companies stated. This will allow Iron Bow to provide a cybersecurity offering that government agencies, private enterprises and organizations can use to modernize their cybersecurity architecture.
In addition, GuardSight supports Iron Bow’s mission to help organizations “evolve their zero trust strategies,” Iron Bow President Rene LaVigne said. Iron Bow also is “doubling down” on its commitment to provide its customers with the best cyber defense capabilities, LaVigne noted. It continues to look for ways to help its customers stay a step ahead of cybercriminals as well.
Iron Bow Secures Government Contracts
The GuardSight acquisition comes after Iron Bow in October 2022 was awarded the 4th Estate Cisco Software Enterprise Agreement by the Defense Information System Agency Joint Enterprise License Agreements Program Management Office. This agreement runs through June 20, 2027, and has a $743 million ceiling. It covers agencies within the U.S. Department of Defense (DOD) outside of military services and the intelligence community.
Previously, Iron Bow was granted a three-year Assess Only Authority to Operate (ATO) as the prime contract holder of the U.S. Army‘s Defensive Cyber Operations Threat Emulation program for AttackIQ’s Security Optimization Platform. Together, Iron Bow and AttackIQ help DOD organizations implement cybersecurity solutions to keep pace with emerging cyber threats, the companies indicated.
Iron Bow offers IT solutions to organizations in the government, commercial, education and healthcare sectors. It provides a partner program and has partnerships in place with over 1,000 original equipment manufacturers (OEMs).