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Qualys Acquires Software Assets of Spell Security to Strengthen Security Capabilities
Monday 03 August 2020

US-based IT, security and compliance solutions provider Qualys, Inc. (NASDAQ: QLYS) has acquired the software assets of India-based detection and support startup Spell Security to respond more effectively to sophisticated security attacks, the company said.

Terms of the transaction were not disclosed.

This acquisition strengthens Qualys' security and threat research, advances endpoint behavior detection capabilities, and brings rich telemetry to the Qualys Cloud Platform. Spell's knowledge of threat hunting and adversary techniques provides defense capabilities and analysis that address multi-vector threats facing customers.

The Spell Security team has a background in threat hunting and breach investigations, which enables them to incorporate this experience directly into an EDR platform built from the threat hunter's point of view.

Spell Security Pvt Ltd is a cybersecurity R and D organisation with capabilities that include advanced endpoint behaviour detection, security and threat research and threat hunting.

It also provides breach investigation services to large organisations.
Date Published: 03/08/2020