Digital Guardian buys Code Green to gain data-loss prevention tech
The purchase gives Digital Guardian a DLP offering that, rolled in with the company’s existing products, will provide endpoint, network and cloud data protection overseen by a single console, the company says. This will enable applying policies that will be enforced regardless of where the data is located and regardless of who accessed it and with what device.
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Code Green will contribute its True DLP gear, which is made up of Network DLP, Discovery DLP and Cloud DLP. It gives visibility into where data is located, including data stored in the cloud.
The purchase is just the latest in a group of sweeping changes at Digital Guardian, says 451 Research analyst Garrett Bekker.
“DG has now undergone a complete makeover under CEO Kevin Lane that has included a rebranding, a new management team, several acquisitions and the addition of endpoint threat detection,” he says. “Collectively, these moves should enable DG to position itself as a broader data security player.”
The purchase advances Digital Guardian’s mission to provide data protection regardless of the type of data, the access means or who is trying to attack, Lane says in a press release. “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,” he says.
Bekker says it was surprising that it took DG so long to buy a company like Code Green that can provide a network DLP product vs. an endpoint agent. “Network devices always tend to be an easier sale than trying to convince customers to deploy yet another agent, so DG should have the opportunity to capture larger mind (and wallet) share with existing customers as well as address new use cases.”
The company competes against Symantec, McAfee, Kaspersky Lab and Trend Micro, among others. The deal has already gone through and Digital Guardian won’t reveal the price.