Cybersecurity solutions provider Trend Micro is set to acquire Anlyz, a leading provider of security operations center (SOC) technology.
The acquisition will extend Trend’s orchestration, automation and integration capabilities and will enable enterprises and Managed Security Service Providers (MSSPs) to improve operational efficiencies, cost effectiveness and security outcomes, the company said. The deal encompasses intellectual property, industry expertise and more than 40 technical employees all focused on bolstering Trend’s security platform strategy.
With this acquisition, the company will expand its engineering team of over 3000, adding a new research & development center in Bangalore, India. Kevin Simzer, Chief Operating Officer at Trend Micro said:
“Due to market pressure, we see organizations moving past security point-solution experiments in preference for platform breadth that allows for vendor consolidation, maximized return on investments and efficiencies.”
Managed Security Service Providers (MSSPs) will be empowered to grow their strategic SOC services while minimizing the complexity of the underlying security stack by reducing the number of technology vendors needed. Trend’s enterprise customers will benefit from a comprehensive extended detection and response (XDR) and incident response orchestration platform that can maximize analyst productivity and help relieve resource constraints.
According to a Gartner research, as buyers- both end customers and service providers, continue to consolidate vendors/providers, buyers will seek best-of-suite and integrated solutions over point solutions. Preferred technology vendors will be those that ease integration with other IT and security technology and tools within the environment, supporting efforts toward use-case-based outcomes, Gartner said.
Trend Micro and Anlyz have been technology alliance partners since 2021 and share more than 30 joint customers. Anlyz has primarily focused on security orchestration and case management delivering powerful SOAR capabilities for MSSPs to manage the incident response process across multiple clients.
It also offers intelligent log aggregation enabling data ingestion and enrichment across a range of data sources and security solutions, using a high performance, scalable architecture. Trend will leverage Anlyz’s SOAR solution and rich set of product connectors to broaden its platform and enable additional integration and automation options across customers’ IT ecosystems.