Sophos has announces plans acquire Invincea, a Fairfax, VA-based provider of next-generation malware protection solutions for $100 million cash, with the option for a $20 million earn-out.
Invincea was founded by chief executive officer Anup Ghosh to address the rapidly growing zero-day security threat from nation states, cyber criminals and rogue actors. Invincea’s flagship product X by Invincea uses deep learning neural networks and behavioral monitoring to detect previously unseen malware and stops attacks before damage occurs. With a focus on the U.S. government, healthcare and financial services sectors, Invincea has been deployed in some of the most targeted networks in the world. The Invincea machine learning malware detection and prevention technology will be fully integrated into the Sophos endpoint protection portfolio.
“By adding Invincea to our portfolio, Sophos is executing on its vision to assemble the most powerful technologies to provide the very best, cutting-edge defenses for our customers,” commented Kris Hagerman, chief executive officer at Sophos. “Invincea is leading the market in machine learning-based threat detection with the combination of superior detection rates and minimal false positives. Invincea will strengthen Sophos’ leading next-gen endpoint protection with complementary predictive defenses that we believe will become increasingly important to the future of endpoint protection and allow us to take full advantage of this significant new growth opportunity. We are proud to welcome the Invincea team to Sophos and look forward to introducing the benefits of this advanced technology to our customers and partners worldwide.”
“We started Invincea with the vision of using non-signature based technologies, including machine learning, in innovative ways to protect organizations against the most advanced forms of cyber-attack,” commented Anup Ghosh, founder and chief executive officer at Invincea. “X by Invincea represents a new generation in antivirus technology based on deep learning and behavioral monitoring. Joining forces with Sophos presents the perfect opportunity to take our proven, advanced technology to a global audience and make it part of a comprehensive synchronized security system. Sophos is leading the industry in adopting and bringing to market this disruptive new vision for complete, advanced, and integrated security, and we are delighted to join the team and help make it happen.”
Sophos will retain the company’s office in Fairfax, and Invincea CEO Anup Ghosh and COO Norm Laudermilch will join Sophos in key leadership positions. Invincea Labs, a division of Invincea that has been separately managed and operated since 2012, has been separated prior to the acquisition and is not part of the transaction.