In a move that is predicted to deliver the next generation of cybersecurity solutions for industrial, enterprise and broadcast markets, St, Louis-based Belden announced it has signed a definitive agreement to acquire Tripwire for $710 million in cash. Tripwire, a leading global provider of advanced threat, security and compliance solutions, will bring an important element to Belden's portfolio of end-to-end signal transmission solutions.
Tripwire enables enterprises, service providers, manufacturers, and government agencies to confidently detect, prevent, and respond to growing security threats, said John Stroup, President and CEO of Belden. Belden already has extensive cybersecurity knowledge and investments, particularly through its previous acquisition of Byres Security Inc.
In September, Belden and Tripwire announced a joint initiative to improve critical infrastructure cybersecurity in manufacturing organizations. The partnership provided comprehensive cybersecurity solutions tailored to specific customer requirements.
"We look forward to incorporating Tripwire technology into selected Belden products and providing Tripwire with access to existing Belden customers that are anxious to improve the robustness and security of their networks," added Stroup. "This positions Belden as a leader in helping customers deploy and secure the ‘Internet of Things.'"
The first version of Tripwire was reportedly written by Gene Kim and Dr. Eugene Spafford at Purdue University in 1992 and released to the open source community. Find out about it at www.tripwire.org
Tripwire is a Thoma Bravo, LLC company. Learn more about the company through these additional resources:
This transaction is expected to close in the first quarter of 2015 and is subject to customary closing conditions.
