Wednesday, May 31 2023

Equifast acquires data analytics company Appriss Insights, while Cisco acquires observability provider Espagon.

Mergers and Acquisitions

Equifax, an Atlanta-based global data, analytics and technology company, has announced its acquisition of Appriss Insights, a Kentucky-based information technology company providing customized solutions to enhance security and financial processes for businesses, for $1.825 billion. “We are extending the scope of our verification capabilities beyond income and employment with Appriss Insights’ unique data assets which feature industry-leading automation, coverage and accuracy,” said Equifax CEO Mark Begor.

Cisco has announced its acquisition of Espagon, a New York-based performance analysis vendor with expertise in distributed tracing solutions, including containers and virtual machines. The acquisition will complement Cisco’s own observability platform that provides observability across applications, network infrastructure, and security.


Learn about the top security ventures and merger trends in the SecureDisruptions cybersecurity investment report.


Funding

Trickest, a Serbian provider of automated offensive security testing tools, has secured €1.4 million in a seed funding round led by Credo Ventures, with participation from Earlybird Digital East Fund. Angel investors UiPath chief executive officer Daniel Dines and chief technology officer Marius Tirca also contributed to the round.

Read more cybersecurity M&A and funding updates from SecureDisruptions here.

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