Sophos, backed by private equity firm Thoma Bravo, has acquired Refactr, a development and security and operations (DevSecOps) automation platform provider. Financial terms of the deal were not disclosed.This is M&A deal number 480 that MSSP Alert and ChannelE2E have covered thus far in 2021. See all technology M&A deals for 2021 and 2020 listed here. In addition, we’ve tracked more than 60 MSSP mergers and acquisitions here.In this deal, Refactr's security orchestration, automation and response (SOAR) capabilities will tuck into Sophos managed threat response (MTR) and extended detection and response (XDR) solutions, the buyer said. Sophos plans to begin offering SOAR options by early 2022.It's a reasonably safe bet that the Sophos cloud management dashboard for MSPs and MSSPs will also gain SOAR capabilities, MSSP Alert believes, based on the software company's laser-like focus on multi-tenant partner support.July 2021: Sophos acquired Braintrace, an MSSP that specializes in network detection and response (NDR) technology. July 2021: Sophos purchased Capsule8, which offers runtime visibility, detection and response software for Linux servers and containers, in July 2021. June 2019: Sophos acquired MDR threat hunters Rook Security. Additional insights from Joe Panettieri.
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Sophos Acquires Refactr: XDR, MDR Security Gain SOAR Capabilities
Credit: Sophos
Dan Kobialka
Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.
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