2014

SilverSky to Acquire StillSecure's Managed Security Services Business

MILFORD, Conn., June 5, 2013 /PRNewswire/ -- SilverSky, the expert provider of cloud security solutions, announced today it has acquired the Managed Security Services division of StillSecure, a Colorado-based managed security services and certified compliance provider. This acquisition is the latest in a series of major investments SilverSky has made in the past four years to develop cloud-based security software, purpose-built to safeguard the information assets of thousands of leading enterprises.

(Logo:  http://photos.prnewswire.com/prnh/20130131/NE51633LOGO)

StillSecure's award-winning managed security suite is a natural extension of SilverSky's industry-leading Managed Security Services portfolio, which combines advanced technology, expert intelligence and superior scale to reduce the costs and complexity of network security, while improving customers' security posture and easing the compliance burden. The Managed Security Services portfolio, along with SilverSky's cloud email and email security solutions, are key components of the company's charter to secure their customers' most important information.

With the addition of StillSecure's technology portfolio, security analysts and engineers, SilverSky can provide its fast-growing customer base with an enhanced suite of cloud-based offerings – including a new Log Archiving solution and Web Application Firewall service. This robust suite offers a complete solution for customers seeking to protect their most important information, and enables growth-minded business leaders to pursue their business ambitions without security worry.

SilverSky will continue to fully support StillSecure customers and channel partners, providing them full access to its comprehensive portfolio of software and managed services. StillSecure customers and partners will also benefit from SilverSky's unmatched scalability, its widely acclaimed Security Operations Center (SOC) and its world-class team of expert security professionals and practitioners.

"StillSecure's world-class team, innovative technologies and services fit perfectly into SilverSky's portfolio and existing customers of both companies stand to benefit greatly through this acquisition," said Tim Harvey, CEO, SilverSky. "This deal allows us to further realize our strategic objectives for expanding our product portfolio and broadening our domain expertise to further assist our customers and partners."

Each day, SilverSky protects $525 billion in customer assets and analyzes 500 million security events with global reach for more than 6,000 organizations in the financial services, retail, healthcare, energy, critical infrastructure and manufacturing sectors. All SilverSky solutions are served on a world-class, carrier grade cloud platform that has been audited to the industry's highest security standards. For more, please visit www.SilverSky.com, or the SilverSky Altitude Blog.

About the Cloud Security Solutions Provider, SilverSky
SilverSky is the expert provider of cloud security solutions. Born from our success as a managed services provider, our Security-as-a-Service platform delivers cloud-based software and managed services that protect critical information simply and cost effectively. By tirelessly safeguarding our customers' most important information, we enable growth-minded leaders to pursue their business ambitions without security worry. Our growing customer base includes 6,000 organizations in the financial services, retail, healthcare, energy, critical infrastructure and manufacturing sectors. For more information, visit www.SilverSky.com.

Contact:
Jill Queenan
InkHouse Media + Marketing, For SilverSky
+1-781-966-4112
jill@inkhouse.com

SOURCE SilverSky



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