Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure
Management company, today announced that it has signed a definitive
agreement to acquire Ermetic Ltd. (“Ermetic”), a fully integrated
cloud-native application protection platform (CNAPP) company, and a
leading provider of cloud infrastructure entitlement management
(CIEM). Tenable intends to integrate these capabilities into its
Tenable One Exposure Management Platform to deliver market-leading
contextual risk visibility, prioritization and remediation across
infrastructure and identities, both on-premise and in the cloud.
Ermetic’s CNAPP delivers in-depth contextual analysis in simple
terms and reveals toxic combinations, such as privileged access to
publicly-exposed vulnerable workloads. Seamlessly combining
Ermetic’s insights into Tenable One will extend Tenable’s offerings
for hybrid environments.
In the public cloud, identities and entitlements are the
greatest risk to cloud infrastructures and one of the hardest
problems to solve. In fact, according to the 2022 Top Cloud Threats
report by the Cloud Security Alliance, security experts cite
identity-based threats as the top cloud security issue they face.
Cloud complexity – including identity sprawl and layers of policies
that often change – makes understanding access risk and permissions
extremely difficult.
Expanding Tenable’s cloud security offering with Ermetic’s
unified, multi-cloud CNAPP and industry-leading CIEM will give
security teams context and prioritization guidance to make
efficient and accurate remediation decisions. The highly-intuitive
user interface will make it easy for security professionals of all
cloud expertise levels to spot and quickly address risks. This
approach solves a key industry challenge - managing an increasing
volume of security data while contending with a massive skills gap
in cybersecurity. With clear remediation instructions provided,
security teams will no longer need to be cloud security experts to
understand where the most urgent risks exist and what to do about
them.
“We will have an opportunity to put additional market-leading
cloud security capabilities into the hands of tens of thousands of
customers,” said Amit Yoran, chairman and chief executive officer,
Tenable. “Together, we will be able to deliver a holistic view of
the modern attack surface and help organizations reduce exposure
and risk, using identity as an essential foundation.”
The unique combination of Tenable and Ermetic will give
customers:
- Unified CNAPP - a unified and agentless
solution that automates asset discovery, risk analysis, accelerated
remediation and compliance. From shift-left Infrastructure as Code
security to agent-based and agentless assessment for runtime
environments, broad CNAPP capabilities will be delivered via an
elegant user experience that minimizes complexity and speeds
adoption.
- Powerful CIEM - a comprehensive solution for
managing human and service identities for cloud infrastructure. It
visualizes all identities and entitlements, using automated
analysis to reveal and prioritize risks.
- Context-aware risk prioritization - context
across all cloud and on-premises resources, including workloads,
identities and data. Enhanced exposure management will extend
visibility across the hybrid, multi-cloud attack surface.
- Simplified remediation - guidance on and
automation of the remediation process that enables organizations to
make rapid improvements in their security posture.
“The combination of Tenable’s rich exposure management data and
Ermetic’s cloud solutions will provide unprecedented levels of
actionable visibility and value. It will remove the complexity that
makes managing cloud environments so challenging,” said Shai Morag,
CEO and co-founder, Ermetic. “Tenable’s massive install base of
customers will enable us to introduce more organizations to the
benefits of context-aware risk prioritization to solve problems
before they manifest.”
Founded in 2019, Ermetic is a leader in CIEM and identity
centric unified cloud security platform capabilities. The company
serves organizations of all sizes, including Fortune 50 companies,
to mitigate access risk, secure cloud data, ensure compliance and
accelerate organizational security efforts.
Under the terms of the agreement, Tenable will acquire Ermetic
for approximately $240 million in cash and $25 million in
restricted stock and RSUs, subject to customary purchase price
adjustments. The acquisition is expected to close early in the
fourth quarter 2023, subject to customary closing conditions.
Tenable expects to fund the cash portion of the purchase price with
existing cash.
Ermetic’s financial results in the fourth quarter 2023 are not
expected to materially contribute to revenue or calculated current
billings and are expected to increase non-GAAP operating expenses
by $4-$6 million. Unlevered free cash flow in the fourth quarter is
expected to be reduced by $14-$16 million, which includes $10-$12
million of acquisition-related costs and forgone interest
income.
For more information about the announcement, visit the Investor
FAQ page. Tenable also shares news and updates on its Investor
Relations website at investors.tenable.com, which may be of
interest or material to Tenable investors.
About TenableTenable® is the Exposure
Management company. Approximately 43,000 organizations around the
globe rely on Tenable to understand and reduce cyber risk. As the
creator of Nessus®, Tenable extended its expertise in
vulnerabilities to deliver the world’s first platform to see and
secure any digital asset on any computing platform. Tenable
customers include approximately 60 percent of the Fortune 500,
approximately 40 percent of the Global 2000, and large government
agencies. Learn more at tenable.com.
Forward-Looking StatementsThis press release
contains forward-looking information related to Tenable, Ermetic
and the potential acquisition that involves substantial risks,
uncertainties and assumptions that could cause actual results to
differ materially from those expressed or implied by such
statements. You can generally identify forward-looking statements
by the use of forward-looking terminology such as the words:
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“explore,” “evaluate,” “intend,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “seek,” “should,” or “will,” or
the negative thereof or other variations thereon or comparable
terminology. The forward-looking statements in this press release
are based on each of the companies’ current plans, objectives,
estimates, expectations and intentions and inherently involve
significant risks and uncertainties, many of which are beyond
Ermetic’s or Tenable’s control. Forward-looking statements in this
communication include, among other things, statements about the
potential benefits of the acquisition and product developments and
other possible or assumed business strategies, anticipated
financial impact of the acquisition, potential growth
opportunities, new products and potential market opportunities and
the anticipated timing of the closing of the acquisition. Risks and
uncertainties include, among other things, our ability to
successfully integrate Ermetic’s operations; our ability to
implement our plans, forecasts and other expectations with respect
to Ermetic’s business; our ability to realize the anticipated
benefits of the acquisition, including the possibility that the
expected benefits from the acquisition will not be realized or will
not be realized within the expected time period; our ability to
consummate the transaction pursuant to the terms and in accordance
with the timing described in this press release; disruption from
the acquisition making it more difficult to maintain business and
operational relationships; the inability to retain key employees;
the negative effects of the consummation of the acquisition on the
market price of our common stock or on our operating results;
unknown liabilities; attracting new customers and maintaining and
expanding our existing customer base; our ability to scale and
update our platform to respond to customers’ needs and rapid
technological change, increased competition on our market and our
ability to compete effectively, and expansion of our operations and
increased adoption of our platform internationally.
Additional risks and uncertainties that could affect our
financial results are included in the section titled “Risk Factors”
and “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” in our Annual Report on Form 10-K for
the year ended December 31, 2022, our Quarterly Report on Form 10-Q
for the quarter ended June 30, 2023 and other filings that we make
from time to time with the Securities and Exchange Commission (SEC)
which are available on the SEC’s website at www.sec.gov. In
addition, any forward-looking statements contained in this
communication are based on assumptions that we believe to be
reasonable as of this date. Except as required by law, we assume no
obligation to update these forward-looking statements, or to update
the reasons if actual results differ materially from those
anticipated in the forward-looking statements.
Contact information
Investor Relationsinvestors@tenable.com
Media Relationstenablepr@tenable.com
Tenable (NASDAQ:TENB)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Tenable (NASDAQ:TENB)
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부터 5월(5) 2023 으로 5월(5) 2024