Optiv (cybersecurity company)

Optiv Security, Inc.
Private
Industry Information security
Predecessor Accuvant and FishNet Security
Founded 2015 (merger of Accuvant and FishNet Security)
Headquarters Denver, Colorado, United States
Key people
  • Dan Burns (CEO)
  • David Castignola (Executive VP of WW Sales)
  • Stu Solomon (Chief Technology and Strategy Officer)
Revenue
  • IncreaseUS$2 billion (2015)
  • US$1.5 billion (2014)
Number of employees
 1,500 (2016)
Parent KKR
Website Optiv.com

Optiv Security, Inc. ("Optiv") is a privately owned information security company based in Denver, Colorado.[1]

History

On November 5, 2014, security firms Accuvant and FishNet Security announced that they would join forces to create a new company.[2] The merger would create a roughly $1.5 billion information security giant with solutions covering nearly every aspect of cyberdefense.[3]

The merger was completed on February 2, 2015 when the company announced that the previously announced transaction had closed.[4] The new company was owned primarily by the Blackstone Group, a private equity firm that acquired a majority stake of Accuvant in March 2014.[5]

On April 21, 2015, Accuvant and FishNet Security announced plans to launch their new, combined corporate name and brand, and to begin conducting business as Optiv Security in summer 2015.[6]

During the Black Hat USA 2015 conference, the two companies announced that they had completed their merger and were subsequently conducting business as Optiv Security.[7] The company also launched its new brand at the conference.

On February 1, 2017, Optiv announced that it was acquired by the global investment firm KKR.[8]

References

  1. ↑ "Optiv Security Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-02-13.
  2. ↑ "Accuvant, FishNet Security Agree to Merge | SecurityWeek.Com". www.securityweek.com. Retrieved 2016-11-07.
  3. ↑ Novinson, Michael. "Blockbuster: Accuvant-FishNet Deal Creates $1.5B Global Security Power". CRN. Retrieved 2016-11-07.
  4. ↑ "Accuvant and FishNet Security Complete Merger | Business Wire". www.businesswire.com. Retrieved 2016-11-07.
  5. ↑ Newswires, Dow Jones. "Blackstone Group backing merger of two cybersecurity companies – The Denver Post". Retrieved 2016-11-07.
  6. ↑ "Accuvant, FishNet to Become "Optiv Security" | SecurityWeek.Com". www.securityweek.com. Retrieved 2016-11-07.
  7. ↑ Kuranda, Sarah. "Merger Complete: Optiv Security Officially Launches As Security Solutions Powerhouse". CRN. Retrieved 2016-11-07.
  8. ↑ "Optiv Closes Blockbuster Acquisition By Private Equity Firm KKR & Co". CRN. Retrieved 2017-06-10.
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