Qualys Enters into an Agreement to Acquire TotalCloud

Rhea-AI Summary

Qualys (NASDAQ: QLYS) announced on August 9, 2021, its agreement to acquire TotalCloud, a no-code automation platform, enhancing its Cloud Security solution. This acquisition aims to simplify the creation of user-defined workflows, allowing users to automate tasks across multi-cloud environments through a drag-and-drop interface. CEO Sumedh Thakar highlighted the need for automated workflows in improving cloud security. The TotalCloud technology will enable integration with tools like ServiceNow and Jira, enhancing Qualys' offerings and innovation in the cloud security domain.

Positive

• Acquisition of TotalCloud strengthens Qualys' Cloud Security solutions.
• Simplifies user-defined workflows for security and compliance.
• Enhances automation capabilities in multi-cloud environments.
• Integration with existing tools such as ServiceNow and Jira adds value.

Negative

• None.

FOSTER CITY, Calif., Aug. 9, 2021 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced it has entered into an agreement to acquire TotalCloud, a cloud workflow management and no-code automation platform.

Upon closing, this acquisition will further strengthen Qualys' Cloud Security solution allowing customers to build user-defined workflows for custom policies and execute them on-demand for simplified security and compliance. To implement a workflow in a multi-cloud environment, users simply drag and drop componentized blocks to build any flow of actions to achieve a particular output, such as a compliance check or remediation.

"With the accelerating adoption of cloud technologies, organizations are looking for ways to simplify cloud security visibility and remediation with easy to automate workflows," said Sumedh Thakar, president and CEO of Qualys. "The acquisition of TotalCloud will allow Qualys to bring visual cloud remediation workflow technology to the Qualys Cloud Platform, underscoring our continued innovation in Cloud Security."

Due to the vast number and varied behavior of the APIs involved in multi-cloud environments, it is hard for customers to build automation to control security, utilization, inventory, and remediation. The TotalCloud technology will allow Qualys customers to build cloud workflows that easily:

• Automate day-to-day tasks from simple asset tagging to complex scenarios involving multiple cloud services and actions such as generating an alert when a virtual machine instance has a public IP address, excessive permissions and exploitable vulnerabilities.
• Integrate existing tools such as ServiceNow, Jira and Splunk into cloud workflows to automate alerting, change management, asset tagging, analytics and more.
• Trigger actions across various Qualys apps, such as automatically starting a vulnerability scan when a new virtual machine instance is detected.

"We are excited to welcome TotalCloud employees, including its founder Pradeep Kumar, to the Qualys family," continued Thakar.

Additional Resources 

• Learn about the Qualys Container Security
• Qualys Cloud PlatformDetails on the Qualys Cloud Platform
• Follow Qualys on LinkedIn and Twitter

About Qualys 
Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of disruptive cloud-based security and compliance solutions with over 19,000 active customers including a majority of each of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions in a single platform and build security into digital transformation initiatives for greater agility, better business outcomes, and substantial cost savings.

The Qualys Cloud Platform and its integrated Cloud apps deliver businesses critical security intelligence continuously, enabling them to automate the full spectrum of auditing, compliance, and protection for IT systems and web applications across on premises, endpoints, cloud, containers, and mobile environments. Founded in 1999 as one of the first SaaS security companies, Qualys has established strategic partnerships with leading cloud providers like Amazon Web Services, Microsoft Azure and the Google Cloud Platform, and managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, DXC Technology, Fujitsu, HCL Technologies, IBM, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance. For more information, please visit www.qualys.com. 

Qualys and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies. 

Media Contact:
Jackie Dutton, Qualys 
media@Qualys.com

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SOURCE Qualys, Inc.

FAQ

What is Qualys acquiring TotalCloud for?

Qualys is acquiring TotalCloud to enhance its Cloud Security solutions by simplifying user-defined workflows and automating tasks in multi-cloud environments.

When was the acquisition of TotalCloud announced?

The acquisition of TotalCloud by Qualys was announced on August 9, 2021.

How will the TotalCloud acquisition impact Qualys customers?

The TotalCloud acquisition will allow Qualys customers to automate workflows easily, improving security and compliance processes.

What features does TotalCloud bring to Qualys?

TotalCloud brings no-code automation and workflow management capabilities that integrate with existing tools to enhance cloud security and streamline operations.