TOKYO and OMAHA, NE -- (Marketwired) -- 06/17/13 -- NTT, the world's largest global IT and telecommunications services company, and Solutionary, a leading pure-play Managed Security Services Provider, today announced the two companies have entered into a definitive agreement for NTT to acquire Solutionary, a privately held company based in Omaha, Nebraska, in an all-cash transaction. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2013.
NTT continues its global expansion with revenues exceeding $107 billion and operating with 227,150 employees across 69 countries. With a strategic focus on cloud services, NTT is providing its clients solutions spanning a variety of cloud service and delivery models through group companies Dimension Data, NTT Communications and NTT DATA. NTT continues to aggressively expand its security capabilities to become one of the world's largest security integrators. NTT is currently providing services to over 50 countries through its cutting-edge R&D, world-class communications carrier Computer Security Incident Response Team (CSIRT). The NTT Group has a $3.5 billion annual R&D budget.
Solutionary, incorporated in 2000, is the leading pure-play Managed Security Services Provider in North America. With a focus on managed security services and security consulting service, Solutionary protects traditional and virtual IT infrastructures, applications, networks, cloud and mobile environments. Built on the patented, cloud-based ActiveGuard® services platform, global threat intelligence, certified information security experts and the Security Engineering Research Team (SERT), Solutionary services are delivered 24/7 through multiple state-of-the-art Security Operations Centers (SOCs). Solutionary offers its services to over 600 clients in a wide range of industries such as financial services and healthcare.
Solutionary has been positioned by Gartner as a leader in its Magic Quadrant for MSSPs in North America and is the only pure-play provider in that category. This acquisition will enhance Solutionary's continued global expansion, ongoing R&D and worldwide security intelligence capabilities while enabling Solutionary to continue its award winning, pure-play customer service culture.
Companies today are concerned with a range of issues from data theft to implementing and managing increasingly complex regulatory requirements. Addressing IT security has become one of the most complex challenges companies and governments are facing, especially with the fast adoption rate of cloud computing. The union of NTT and Solutionary now gives clients a single partner that will help them preemptively stay a step ahead of targeted security threats or attacks and reinforces NTT's position in the rapidly growing area of Managed Security Services.
Solutionary augments NTT's ability to address this growing industry challenge by combining Solutionary's complementary security analytics platform (ActiveGuard®), operation capability, and expert consultants and researchers with NTT's broad ICT services and security portfolio, innovative research and global reach. NTT is the only partner that can deliver a complete lifecycle of cloud services from advisory, migration, operation and management of applications, ICT infrastructure, and network infrastructure with cloud full-stack, from applications to data center to network, as well as a business process layer, and now with fortified security services.
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