Cybersecurity Acquisitions in 2011

McAfee, Inc. completed its acquisition of NitroSecurity, a Portsmouth-based provider of security information and event management (SIEM) solutions. The deal brings NitroSecurity's SIEM technology and team into McAfee's Risk and Compliance/business unit to expand McAfee's visibility, analytics and remediation capabilities across endpoint, network and application environments.

Xceedium Inc. acquired the Cloakware Password Authority business from Irdeto, gaining the Password Authority product, associated engineering, support and sales teams, and a perpetual license to Irdeto's white-box cryptographic libraries. The acquisition enabled Xceedium to launch the integrated Xsuite Privileged Access Management solution, combining its GateKeeper access control with Password Authority to expand its privileged access management capabilities for enterprise and government customers.

Alexandria-based cybersecurity firm MANDIANT received a strategic investment from One Equity Partners (OEP) and Kleiner Perkins Caufield & Byers (KPCB). The minority growth investment will support scaling MANDIANT's products and services, and both firms took board seats to help accelerate expansion of the company's incident response and forensic capabilities.

SolarWinds has agreed to acquire TriGeo, a provider of log and event management software, for $35 million in cash. The acquisition will add TriGeo's technology to SolarWinds' portfolio as SolarWinds Log and Event Manager (LEM), expanding SolarWinds' IT management capabilities into log/event management, security and compliance; the deal was expected to close in Q3 2011.