Sophos To Acquire Invincea For Machine Learning Security

UK-based security technology company Sophos (OTC:SPHHF) (LSE: SOPH) has announced an agreement to acquire Invincea's software business for up to $120 million in total consideration. Invincea has developed security software that utilizes machine learning and behavioral modeling to quickly detect and react to endpoint, perimeter threats and malware attacks. The technology is a necessary upgrade to the Sophos Central product line and also provides middle market focused Sophos with a foothold in the small business market through the addition of Invincea's customer base. Fairfax, Virginia-based Invincea was founded in 2009 by CEO Anup Ghosh to focus on endpoint threat detection, prevention, and analysis. The company provides security software to more than 25,000 small and medium enterprise customers through its antivirus'X' system that'combines machine learning and behavioral monitoring to eliminate endpoint security blind spots without sacrificing usability.'