The deal will result in Bitglass's cloud access security broker (CASB), secure web gateway (SWG), zero trust network access (ZTNA), and cloud security posture management (CSPM) and data loss prevention (DLP) technologies being added to Forcepoint’s secure access service edge (SASE) platform.
“Complexity is the enemy of security. IT teams today are faced with the reality that securing a hybrid work environment is even more complex than the move to work-from-home was last year," said Forcepoint CEO Manny Rivelo.
"With the acquisition of Bitglass, Forcepoint will be accelerating our ability to address customers’ widespread need for enabling hybrid workforces to safely access and use information everywhere – in the web, cloud and data centre – more easily than ever before.”
He added “When the average CISO is managing 50+ security products of loosely connected technologies, it’s clear the industry is challenged and needs to change.
"By uniting Bitglass and Forcepoint, we will be able to deliver the industry’s first integrated security platform that transforms and consolidates data security, network, web, and cloud security, threat protection, advanced monitoring, and zero trust control to make access to and usage of information more effective, more reliable and less complex,” Rivelo continued.
The deal is expected to close later this year, and further details on the integration of Bitglass within Forcepoint’s SASE architecture will be announced after that.
Terms of the deal were not disclosed.