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United States : FACEBOOK to acquire cyber security startup PRIVATECORE

August 8, 2014



Facebook is to acquire California-based cyber security startup PrivateCore, aiming at strengthening defences of its vast server network. Financial details were not revealed.

Facebook's Joe Sullivan said, I believe that PrivateCore's technology and expertise will help support Facebook's mission to help make the world more open and connected, in a secure and trusted way.

Over time, we plan to deploy PrivateCore's technology directly into the Facebook server stack, he added.

In 2012, in Palo Alto, PrivateCore was launched and the firm specialises in protecting servers against malware and other kinds of intrusions.

According to PrivateCore's Oded Horovitz, the two firms "have an aligned mission". He adds, Since the beginning, we have worked tirelessly on our technology to protect servers from malware threats, unauthorised physical access, and malicious hardware devices.

Working together with Facebook, there is a huge opportunity to pursue our joint vision at scale with incredible impact.


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Source: TendersInfo (India)


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