Security vendor ReliaQuest to purchase Digital Shadows for $160m

ReliaQuest, a security operations vendor, has revealed it plans to acquire threat intelligence firm Digital Shadows at a deal being valued at $160m.

According to ReliaQuest, the deal adds contextual threat intelligence data to its GreyMatter platform as well as new technology to help firms quickly respond to cyber incidents.

The company said in a note on the planned acquisition that the deal gives security operations teams the ability to detect and respond to threats with real-time internal and external visibility.

ReliaQuest said it expects the new product line to drive down response time, provide context around threats and allow for an end-to-end view, all the while lessening the cost of visibility.

ReliaQuest said, “Security teams are stretched between investigating and responding to threats they can see while working to increase visibility across both security and business applications where they have limited visibility to detect and respond. The ability to extend and automate detection and response across both security and business applications is critical to a successful security program.”

ReliaQuest previously scored $300m in funding back in December 2021.

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