{"id":3816,"date":"2019-02-14T10:44:14","date_gmt":"2019-02-14T14:44:14","guid":{"rendered":"https:\/\/solutionsreview.com\/endpoint-security\/?p=3816"},"modified":"2019-02-14T10:44:14","modified_gmt":"2019-02-14T14:44:14","slug":"symantec-acquires-luminate-for-hybrid-based-security","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/endpoint-security\/symantec-acquires-luminate-for-hybrid-based-security\/","title":{"rendered":"Symantec Acquires Luminate for Hybrid-Based Security"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3269\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod.jpg\" alt=\"Symantec Acquires Luminate for Hybrid-Based Security\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod.jpg 800w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/10\/partnership-mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Symantec, an endpoint protection platform provider, announced its acquisition of Luminate. Based out of Israel, Luminate provides zero-trust access, perimeter security, and secure cloud access solutions without traditional VPN appliances. <\/span><\/p>\n<p style=\"text-align: justify\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/carbon-black-gartner-magic-quadrant-for-endpoint-protection-platforms\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2019\/01\/2018-carbon-black-gartner-speedbump.jpg\" alt=\"Download Link to Gartner 2018 Magic Quadrant for Endpoint Protection Platforms\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Symantec did not disclose the financial terms of their acquisition; previous acquisitions of Fireglass and Skycure suggests a price tag of around $200-$250 million. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Symantec acquired the Tel-Aviv cloud security provider to boost its hybrid IT infrastructure and cloud-based security offerings. A statement from Greg Clark, President and CEO of Symantec, confirmed this motivation. \u201cNow and in the future, we anticipate more and more corporations will operate their business on infrastructure that is managed by multiple third parties such as Azure, AWS and Google.\u201d <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">\u201cIn this rapidly evolving world, trust in external infrastructure must be carefully considered as corporations can outsource infrastructure but must also remain responsible for data and users. Luminate incorporated into Symantec\u2019s Integrated Cyber Defense puts us at the forefront of security in the cloud era.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Ofer Smadari, CEO of Luminate Security, offered his own thoughts. \u201cWith this next step, we look forward to fully integrating across the entire portfolio and delivering even more innovation to offer complete security for the Cloud Generation.\u201d<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>The Symantec Acquisition of Luminate in Context<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Israeli vendor experienced overwhelming success and recognition since its founding in early 2017. It raised $14 million in a Series A funding round; Gartner recognized them as a <\/span><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/5-gartner-cool-vendors-cloud-security-2018\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">2018 Cool Vendor in Cloud Security<\/span><\/a><span style=\"font-weight: 400\">. \u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Gartner named Symantec a Leader in their <\/span><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/carbon-black-gartner-magic-quadrant-for-endpoint-protection-platforms\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">2018 Magic Quadrant for Endpoint Protection Platforms<\/span><\/a><span style=\"font-weight: 400\">. Luminate represents another in a long list of Israeli acquisitions by Symantec. They previously acquired <\/span><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/symantec-acquires-israeli\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Fireglass in 2017<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/symantec-announces-purchase-appthority-javelin-networks\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Javelin Networks in 2018<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Since 2018, rumors abound private equity investment firm\u2014and major cybersecurity player\u2014<\/span><a href=\"https:\/\/www.bizjournals.com\/sanjose\/news\/2018\/11\/06\/symantec-stock-spikes-on-talk-ofpossible-private.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Thoma Bravo<\/span><\/a><span style=\"font-weight: 400\"> may acquire Symantec in the coming year. \u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You can read more about the Symantec acquisition of Luminate <\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20190212005335\/en\/Symantec-Acquires-Software-Defined-Perimeter-Zero-Trust\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">here<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"#\" href=\"https:\/\/solutionsreview.com\/endpoint-security\/free-endpoint-protection-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2019\/01\/endpoint-security-speedbump-cta.jpg\" alt=\"Download Link to Endpoint Security Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Symantec, an endpoint protection platform provider, announced its acquisition of Luminate. Based out of Israel, Luminate provides zero-trust access, perimeter security, and secure cloud access solutions without traditional VPN appliances. Symantec did not disclose the financial terms of their acquisition; previous acquisitions of Fireglass and Skycure suggests a price tag of around $200-$250 million. Symantec [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":3269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[25,75,22,13,40,30,161,944,8,104,92,84,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Symantec Acquires Luminate for Hybrid-Based Security<\/title>\n<meta name=\"description\" content=\"Symantec, an endpoint protection provider, announced its acquisition of Luminate to boost its hybrid IT infrastructure and cloud security offerings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/endpoint-security\/symantec-acquires-luminate-for-hybrid-based-security\/\" \/>\n<meta property=\"og:locale\" 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