Secerno to be acquired by Oracle
Oracle has agreed to acquire the database firewall solutions provider Secerno.
Just 24 hours after Symantec bought VeriSign's identity and authentication business, the deal will see Secerno's heterogeneous database firewall added to Oracle's database security solutions, and gives it another step into the security market.
Oracle claimed that Secerno's solution adds a critical defensive layer of security around databases, which blocks unauthorised activity in real-time. The company claimed that Secerno's products are expected to augment Oracle's portfolio of database security solutions, including Oracle Advanced Security, Oracle Database Vault and Oracle Audit Vault to further ensure data privacy, protect against threats and enable regulatory compliance.
The transaction is expected to close before the end of June 2010. Financial details of the transaction were not disclosed.
Andrew Mendelsohn, senior vice president of Oracle database server technologies, said: “The Secerno acquisition is in direct response to increasing customer challenges around mitigating database security risk.
“Secerno's database firewall product acts as a first line of defence against external threats and unauthorised internal access with a protective perimeter around Oracle and non-Oracle databases. Together, Oracle's complete set of database security solutions and Secerno's technology will provide customers with the ability to safeguard their critical business information.”
Steve Hurn, CEO of Secerno, said: “As a provider of database firewall solutions that help customers safeguard their enterprise databases, Secerno is a natural addition to Oracle's industry-leading database security solutions. Secerno has been providing enterprises and their IT security departments strong assurance that their databases are protected from attacks and breaches. We are excited to bring Secerno's domain expertise to Oracle, and ensure continuity and success for our current customers, partners and prospects.”