Bitdefender acquires RedSocks Security BV

Santa Clara, CA US / BUCHAREST, Romania / The Hague, Netherlands

(October 23, 2018) — Bitdefender, cybersecurity protector of more than 500

million systems in over 150 countries, today announced its acquisition of

behavior and network security analytics company, RedSocks Security BV

(RedSocks). As part of its ongoing M&A strategy, the strategic investment

expands the Bitdefender portfolio and addressable market into network security

and analytics territory, and marks another step on its steady growth trajectory.

Netherlands-based RedSocks specializes in automated detection of suspicious

network behavior and combating cybercrime. By combining Machine Learning,

Artificial Intelligence and Cyber Threat Intelligence, RedSocks provides nonintrusive,

real-time breach detection solutions and incident response services for

its customers. The company serves an important market need resulting from the

high-profile breaches that existing, in-place network security tools have failed to

prevent.

’’At Bitdefender, we’re now able to offer our Bitdefender and new RedSocks

customers even stronger protection from sophisticated attacks.” said Bitdefender

CEO and Founder, Florin Talpes. “By bringing RedSocks network security

analytics and threat intelligence into GravityZone, a complete endpoint

prevention, detection and response platform, customers will benefit from a more

comprehensive, layered approach to security and deeper visibility into their threat

landscape.”

Pepijn Janssen, who founded RedSocks, added, “When we started RedSocks in

2012, our goal was to build solutions that would serve any type of organization

and offer them value for the long term. Together with Bitdefender, we will now

achieve that goal. We are extremely proud to be acknowledged by and part of a

visionary, cybersecurity company like Bitdefender.”

Both the US and Europe are key markets for Bitdefender. While the RedSocks

portfolio will open more sales opportunities for Bitdefender worldwide, the

acquisition of RedSocks will also accelerate the company’s go-to-market traction

within Europe. Bitdefender has been active in the Netherlands market for more

than 12 years with both consumer and business solutions and has a legal seat

there. With the addition of the RedSocks office and its staff, Bitdefender will

increase its business in the Netherlands, and gain a new foothold within the

Northern European region.

The RedSocks deal closed on October 11, 2018 and follows another M&A last

month which created Bitdefender Australia and the Bitdefender direct entry into

the APAC market. This new acquisition, which was assisted by I5 Invest Gmbh,

transfers all RedSocks assets, customers and employees to the Bitdefender Group.

The current RedSocks office and its network-experienced team will become

“Bitdefender Netherlands.”

“We’re ready to get to work with our new team at RedSocks. Both teams could

not be more excited to collaborate and innovate to bring greater value to our

customers and partners’,” added Florin Talpes.