HelpSystems, the Eden Prairie-based IT company, has announced the acquisition of Digital Guardian, a Massachusetts-based SaaS provider of data loss prevention (DLP). The acquisition marks yet another addition to the company’s data security portfolio and the fifth acquisition this year. Financial details of the deal weren’t available.
“Our global customers look to us to provide them with powerful solutions and services to support all of their cybersecurity needs, and the data protection expertise the Digital Guardian team brings to HelpSystems is second to none,” Kate Bolseth, CEO of HelpSystems, said in a release. “As the threat landscape grows and organizations struggle to keep up, the ability for teams to offload deployments as well as the ongoing risk and responsibility to experts is invaluable. We are thrilled to welcome the Digital Guardian team into the HelpSystems family.”
Read the release below for more information about the acquisition the services provided by the companies involved, and don’t miss our previous HelpSystems coverage.
MINNEAPOLIS, Oct. 27, 2021 /PRNewswire/ — HelpSystems announced today the acquisition of Digital Guardian, the industry’s only SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organizations. Digital Guardian’s solutions give customers visibility and protection of their data across many operating systems and applications. The company also provides a popular managed service that operates as an extension of their customers’ security teams to protect sensitive data from threats originating inside and outside the organization.
The team and solutions from Digital Guardian will fit into HelpSystems’ data security portfolio, and combine with powerful security solutions such as GoAnywhere, Clearswift, Agari, and Titus. In addition to extending HelpSystems’ DLP capability, this acquisition further improves the company’s ability to categorize, or classify, data and protect it across a wide set of applications and operating systems.
“Our global customers look to us to provide them with powerful solutions and services to support all of their cybersecurity needs, and the data protection expertise the Digital Guardian team brings to HelpSystems is second to none,” said Kate Bolseth, CEO, HelpSystems. “As the threat landscape grows and organizations struggle to keep up, the ability for teams to offload deployments as well as the ongoing risk and responsibility to experts is invaluable. We are thrilled to welcome the Digital Guardian team into the HelpSystems family.”
“Data breaches remain one of top risks to companies today,” said Mordecai Rosen, CEO, Digital Guardian. “Recent headlines serve as an unsettling reminder that even the world’s largest and most influential companies aren’t immune from that threat. It’s why data classification and DLP remain critical components of a comprehensive cybersecurity program and the combination of Digital Guardian and HelpSystems will provide all our customers, regardless of their size, the opportunity to implement world class data protection solutions.”
Macquarie Capital served as exclusive financial advisor to Digital Guardian.
HelpSystems is a software company focused on helping exceptional organizations Build a Better IT™. Our cybersecurity and automation software simplifies critical IT processes to give our customers peace of mind. We know IT transformation is a journey, not a destination. Let’s move forward. Learn more at www.helpsystems.com.
About Digital Guardian
Digital Guardian is no-compromise data protection. The company’s cloud-delivered data protection platform is purpose-built to stop data loss by both insiders and outsiders on Windows, Mac and Linux operating systems. The Digital Guardian Data Protection Platform performs across the corporate network, traditional endpoints, and cloud applications. For more than 15 years, Digital Guardian has enabled data-rich organizations to protect their most valuable assets with a choice of SaaS or fully managed deployment. To learn more please visit: www.digitalguardian.com.