Digital Guardian acquires Code Green
Data security firm Digital Guardian has acquired Code Green Networks, which provides data loss prevention technology for the network, cloud and mobile devices.
The Code Green acquisition provides Digital Guardian with added heft and breadth in the market, executives told Healthcare IT News, and it also adds to Digital Guardian's healthcare business.
Both companies are privately held, and their leaders did not release the financial terms of the deal.
Code Green Networks' TrueDLP solution is composed of Network DLP, Discovery DLP and Cloud DLP. The technology locates sensitive data resting on databases and network servers, including data in the cloud.
Founded in 2004 in Sunnyvale, Calif. Code Green Networks helps enterprises protect and manage regulated and other sensitive digital information.
Code Green executives describe TrueDLP as an all-in-one, appliance-based solution that has been recognized by industry analysts for its simplicity and affordability. The latest Gartner Magic Quadrant for Content-Aware Data Loss Prevention found "solution cost, ease of use, available features and time to implement are key buying considerations for Code Green Networks."
Code Green Networks has also developed a strong strategic partnership program by offering tightly integrated solutions with other IT security leaders, they add, including Blue Coat Systems, which enables organizations to address their data security compliance requirements more efficiently and effectively.
[See also: Healthcare security: Adapt or die.]
With the acquisition of Code Green, Waltham, Mass.-based Digital Guardian becomes the only security company exclusively focused on protecting customers' most valuable data at the endpoint, on the network and in the cloud from both insider threats and outside hackers, said Constance Stack, the company's chief marketing officer.
"Our mission is to provide ubiquitous data protection. Data that is safeguarded regardless of the threat actor, data type and the system, application, or device used to access it," Ken Levine, president and chief executive officer, Digital Guardian, added in a press statement. "Our acquisition of Code Green Networks represents a significant advancement in that mission, and following on the heels of our Armor5 and Savant Protection acquisitions, it better positions us to meet the wider data protection and cybersecurity needs of enterprises. Code Green Networks has a long tradition of innovation."
"Code Green Networks has sought to make data loss prevention easy to use and affordable," added Mark Menke, chief technology officer and principal architect, Code Green Networks, The current solution fits a clear market need; however, we see where the future of data protection is headed. We now work in borderless environments, which has changed the threats to sensitive data dramatically. Digital Guardian recognized early that the next generation DLP solution has to protect sensitive data from all threats.
[See also: Report: Healthcare state of security a mixed bag.]
The combination of Digital Guardian and Code Green Networks will ultimately provide organizations with one data protection policy administered by a single management console and enforced regardless of where the data is located or how it is accessed. The combined solution will also provide:
- Comprehensive data protection for the network, endpoint, cloud and mobile devices
- Advanced data protection from threats originating inside or outside an organization
- Data discovery for endpoints, network, servers and in the cloud
- Context and fingerprint-based data classification for structured and unstructured data
TrueDLP is generally available today, and will continue to be sold as a separate solution until it is fully integrated into the Digital Guardian Data Protection Platform.
The acquisition provides Digital Guardian with enhanced threat intelligence, deep packet inspection and wider visibility across the network, significantly strengthening its advanced threat protection and endpoint detection and response capabilities.