Optiv Security, which is backed by KKR, has acquired Decision Lab, a big data, automation and orchestration services company. No financial terms were disclosed. Holland & Hart LLP provided legal advice to Optiv on the transaction.
DENVER – November 16, 2017 – Optiv Security, a market-leading provider of end-to-end cyber security solutions, today announced it has acquired Decision Lab, a big data, automation and orchestration services company. The acquisition reinforces Optiv’s continued commitment to executing its global growth strategy, and augments the company’s capabilities related to advanced security analytics and big data solutions and services. As a result of this transaction, Optiv further enhances its comprehensive suite of services that help organizations remove complexity, align the right technology and process to business needs, and optimize security investments to minimize cost and maximize protection. The terms of the transaction are not being disclosed.
“Organizations, especially large enterprises, are generating more and more security data every day, making it increasingly strategic and imperative for them to get more value out of these assets,” said Sean Catlett, senior vice president of emerging services for Optiv. “Companies need help making sense of the overwhelming amount of data they have and determining how it can improve their security programs in the most cost-effective way. Decision Lab’s stellar reputation and maturity of their big data and analytics capabilities is unparalleled in the industry. We believe the combination of their unique expertise with Optiv’s cyber security solutions and experience will help our clients get clarity from their complex security data and determine how to maximize the value of that information.”
This transaction provides Optiv clients with access to:
· Expanded capabilities that solve organizations’ existing problems more holistically in the areas of securing big data, and orchestration and automation of security operations.
· An even broader and deeper team of seasoned technical experts and data scientists with extensive experience working with private and public entities.
· Architectural reviews, enhancements and builds of security big data lake implementations.
· Enhanced and extended security analytics use case implementations in areas such as incident response, insider threat, fraud and anomaly detection.
“We are proud of our proven track record of helping global enterprises and government agencies solve unique big data challenges,” said Nathan Necaise, chief executive officer and chief data scientist of Decision Lab. “We are excited to join such an exciting and vibrant mission to change the security analytics landscape that will help organizations get the most from their security data and investments.”
Holland & Hart LLP served as legal advisors to Optiv on the transaction.
About Optiv Security
Optiv is a market-leading provider of end-to-end cyber security solutions. We help clients plan, build and run successful cyber security programs that achieve business objectives through our depth and breadth of cyber security offerings, extensive capabilities and proven expertise in cyber security strategy, managed security services, incident response, risk and compliance, security consulting, training and support, integration and architecture services, and security technology. Optiv maintains premium partnerships with more than 350 of the leading security technology manufacturers. For more information, visit www.optiv.com.