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September 18, 2006EMC Acquires Network Intelligence
Rumors were flying the latter part of last week about this. EMC made it official today by acquiring Network Intelligence for $175M. The acquisition immediately follows EMC's completion of the RSA Security acquisition for $2.1B. With this acqusition, EMC continues to strongly signal its intention to be a strategic player in the security landscape.
Network Intelligence is a notable company in the SIM (security information manager) space. Unlike some of the other SIM players, Network Intelligence has proven technology and a long history in systems/network event management. When I've discussed SIMs with customers and clients, many have noted Network Intelligence as a company with enterprise proven and scalable technology...so I think this is a good move for Art Coviello and the EMC security division. Prior to the acquisition, they were already working together from a partnership standpoint so the element of "try before you buy" lowers the risk profile for EMC.
Last month, IBM made a strong move into security by acquiring ISS. Now EMC follows up the RSA acquisition with Network Intelligence. Together with Cisco, will this be the new power structure in the security space? How will traditional security pure play companies like Mcafee and Checkpoint respond?
Is there an advantage to the security pure play....will they have a place in the new power structure...is it good for the buying community? I think the answer to that is a resounding YES!
Posted by andreyee in
Industry Trends
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