AT&T [T] on Tuesday said it has agreed to acquire the cyber security firm AlienVault in a deal it said will allow it to expand its security capabilities to provide enterprise level security solutions to small and medium-sized businesses.
Terms of the deal were not disclosed, although AT&T doesn’t expect it to have a material impact on its financial results. The transaction is expected to close during the third quarter of 2018.
AlienVault, which is based in California, provides its customers with threat-based detection, response and intelligence capabilities and solutions.
AlienVault’s expertise in threat intelligence will improve our ability to help organizations detect and respond to cyber security attacks,” Thaddeus Arroyo, CEO of AT&T Business, said in a statement. “Together, with our enterprise-grade detection, response and remediation capabilities, we’re providing scalable, intelligent, affordable security for business customers of all sizes.”
AT&T said it will continue to invest in AlienVault’s Unified Security Management platform and Open Threat Exchange.