Monday, December 2, 2019

Columbia's Tenable makes $78 million acquisition

Columbia cybersecurity firm Tenable Inc. has purchased Israel-based Indegy Ltd. for $78 million in cash, in a deal that will give the company a leg up in the newly emerging operational technology market. Financial results of the acquisition are expected to be immaterial to Tenable’s fourth quarter revenue and billings performance this year. Tenable Chief Financial Officer Steve Vintz said during a Monday conference call with investors that Indegy has largely been focused on product development to…



from https://www.bizjournals.com/baltimore/news/2019/12/02/columbias-tenable-makes-78-million-acquisition.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/189440617397

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