Proofpoint Acquires NetCitadel For About $24.0 Mln In Cash - Quick Facts

(RTTNews) - Proofpoint Inc. (PFPT), security-as-a-service provider, announced that it has acquired Silicon Valley-based NetCitadel, a pioneer in the field of automated security incident response, for approximately $24.0 million in cash.

As part of the acquisition, NetCitadel's team of security experts and software engineers has integrated with Proofpoint's team in its Sunnyvale headquarters. NetCitadel's ThreatOptics product is being re-launched as Proofpoint Threat Response, a standalone product and is being integrated with Proofpoint's Targeted Attack Protection.

Proofpoint currently expects the transaction to have no material impact on revenue, billings, and non-GAAP profitability for the second quarter and full year 2014.

In a separate press release, Proofpoint announced the launch of new cloud-based solution for control of confidential, private, and regulated data. Proofpoint Content Control, in an easy-to-deploy and user-friendly addition to the industry-leading Proofpoint Enterprise Privacy suite, provides complete visibility and control over sensitive content such as customer records, patient information or credit card data across the enterprise.

Separately, Proofpoint announced that it has been selected for inclusion by LinkedIn into the LinkedIn Certified Compliance Partner Program. As a result, Proofpoint's Social Platform Archiver for LinkedIn is now able to capture and archive content and context from features available only through LinkedIn's private APIs. The enriched LinkedIn features are a key component of the Proofpoint Social Platform for Archiving, providing a fully integrated set of extensible modules that allows organizations to maintain compliance in an increasingly social enterprise.