CyberRes, the security business owned by Micro Focus, has acquired Debricked, an open source toolkit provider that helps customers to secure their software supply chains. Financial terms of the deal were not disclosed.
This is technology M&A deal number 271 that MSSP Alert and sister site ChannelE2E have covered so far in 2022.
Dig a little deeper in this deal, and you'll notice that CyberRes oversees some familiar cybersecurity brands -- namely:
- ArcSight for security operations;
- Fortify for application security;
- Interset for artificial intelligence;
- NetIQ for identity and access management (IAM); and
- Voltage for data privacy.
Moreover, CyberRes has an MDR (managed detection and response) business, and the security company that works with consulting firms, systems integrators, MSSPs and MSPs, cloud service providers, technology partners and training partners.
CyberRes Acquires Debricked: Potential Benefits?
Still, this particular M&A deal focuses on DevOps and DevSecOps teams. Debricked's software allows developers to:
- search for and compare open source packages faster;
- continuously and automatically identify, fix and prevent vulnerabilities in open source dependencies; and
- ensure and maintain open source compliance with automated and enforceable pipeline rules.
In a prepared statement about the Debricked acquisition, CyberRes VP Tony de la Lama said:
"Our aim is to invest in and build solutions that allow organizations to secure their applications while maintaining the speed of development. Debricked is uniquely positioned in the market with their portfolio of solutions to address open source security and adds to an already robust portfolio in CyberRes to secure the software supply chain."
Added Debricked CEO and co-founder Daniel Wisenhoff:
"We are excited at becoming a part of Micro Focus and CyberRes. Combining our team with such an industry-leading organization enables us to accelerate Debricked's journey toward our vision of making it easier for companies to use open source securely. We are also excited at the opportunity to present our customers with a full scale, robust security offering."
Meanwhile, CyberRes parent Micro Focus has been working to transform its overall enterprise software business, though the journey may be a long one. Annual revenue was down 5 percent in fiscal year 2021 compared to 2020. The company hopes to exit fiscal year 2023 with a "flat or better revenue trajectory," Micro Focus told investors in February 2022.