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Tenable Plans to Acquire Vulcan Cyber, Accelerate Leadership in Exposure Management

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Tenable (TENB) has announced plans to acquire Vulcan Cyber for approximately $147 million in cash and $3 million in RSUs. The acquisition, expected to close in Q1 2025, aims to enhance Tenable's Exposure Management platform by integrating Vulcan Cyber's capabilities.

The integration will expand Tenable One platform with enhanced visibility, extended third-party data flows, risk prioritization, and optimized remediation. Key improvements include integration with over 100 security products, AI-powered risk prioritization, and automated remediation workflows.

The acquisition will enable organizations to consolidate exposures across their security stack, prioritize risks, and streamline remediation efforts across the entire attack surface. This unified approach aims to address the challenge of fragmented security tools and provide a comprehensive view of cyber risks.

Tenable (TENB) ha annunciato piani per acquisire Vulcan Cyber per circa 147 milioni di dollari in contanti e 3 milioni di dollari in RSU. L'acquisizione, prevista per chiudersi nel primo trimestre del 2025, mira a potenziare la piattaforma di gestione delle esposizioni di Tenable integrando le capacità di Vulcan Cyber.

L'integrazione amplierà la piattaforma Tenable One con una maggiore visibilità, flussi di dati di terze parti estesi, priorizzazione dei rischi e ottimizzazione delle azioni correttive. Tra i principali miglioramenti ci sono l'integrazione con oltre 100 prodotti di sicurezza, la priorizzazione dei rischi alimentata dall'IA e flussi di lavoro di rimedio automatizzati.

L'acquisizione consentirà alle organizzazioni di consolidare le esposizioni all'interno della loro struttura di sicurezza, dare priorità ai rischi e snellire gli sforzi di rimedio su tutta la superficie di attacco. Questo approccio unificato mira a risolvere la sfida degli strumenti di sicurezza frammentati e fornire una visione complessiva dei rischi informatici.

Tenable (TENB) ha anunciado planes para adquirir Vulcan Cyber por aproximadamente 147 millones de dólares en efectivo y 3 millones de dólares en RSU. Se espera que la adquisición se cierre en el primer trimestre de 2025 y tiene como objetivo mejorar la plataforma de gestión de exposiciones de Tenable al integrar las capacidades de Vulcan Cyber.

La integración ampliará la plataforma Tenable One con una mejor visibilidad, flujos de datos de terceros ampliados, priorización de riesgos y remediación optimizada. Las mejoras clave incluyen integración con más de 100 productos de seguridad, priorización de riesgos impulsada por IA y flujos de trabajo de remediación automatizados.

La adquisición permitirá a las organizaciones consolidar exposiciones en su pila de seguridad, priorizar riesgos y agilizar los esfuerzos de remediación en toda la superficie de ataque. Este enfoque unificado busca abordar el desafío de las herramientas de seguridad fragmentadas y proporcionar una visión integral de los riesgos cibernéticos.

Tenable (TENB)Vulcan Cyber를 약 1억 4,700만 달러 현금과 300만 달러의 RSU로 인수할 계획을 발표했습니다. 2025년 1분기에 종료될 예정인 이번 인수는 Vulcan Cyber의 기능을 통합하여 Tenable의 노출 관리 플랫폼을 개선하는 것을 목표로 하고 있습니다.

이 통합은 Tenable One 플랫폼의 가시성을 향상시키고, 제3자 데이터 흐름을 확장하며, 위험 우선순위를 정하고, 최적화된 수정 작업을 제공합니다. 주요 개선 사항에는 100개 이상의 보안 제품과의 통합, AI 기반의 위험 우선순위 지정, 자동화된 수정 작업 흐름이 포함됩니다.

이번 인수를 통해 조직은 보안 스택 전반에서 노출을 통합하고 위험을 우선순위화하며 전체 공격 표면에서 수정 노력을 간소화할 수 있게 됩니다. 이 통합된 접근 방식은 단편화된 보안 도구의 문제를 해결하고 사이버 위험에 대한 포괄적인 시각을 제공하는 것을 목표로 합니다.

Tenable (TENB) a annoncé des projets d'acquisition de Vulcan Cyber pour environ 147 millions de dollars en espèces et 3 millions de dollars en RSU. Cette acquisition, qui devrait être finalisée au premier trimestre 2025, vise à améliorer la plateforme de gestion des expositions de Tenable en intégrant les capacités de Vulcan Cyber.

L'intégration élargira la plateforme Tenable One avec une visibilité améliorée, des flux de données tiers étendus, la priorisation des risques et une remédiation optimisée. Les améliorations clés incluent l'intégration avec plus de 100 produits de sécurité, la priorisation des risques alimentée par l'IA et des flux de travail de remédiation automatisés.

L'acquisition permettra aux organisations de consolider les expositions au sein de leur pile de sécurité, de prioriser les risques et de rationaliser les efforts de remédiation sur l'ensemble de la surface d'attaque. Cette approche unifiée vise à relever le défi des outils de sécurité fragmentés et à fournir une vue d'ensemble complète des risques cybernétiques.

Tenable (TENB) hat Pläne zur Übernahme von Vulcan Cyber für etwa 147 Millionen US-Dollar in bar und 3 Millionen US-Dollar in RSUs angekündigt. Die Übernahme wird voraussichtlich im 1. Quartal 2025 abgeschlossen, mit dem Ziel, die Exposure Management Plattform von Tenable durch die Integration der Fähigkeiten von Vulcan Cyber zu verbessern.

Die Integration wird die Tenable One Plattform erweitern mit verbesserter Sichtbarkeit, erweiterten Drittanbieter-Datenströmen, Risiko-Priorisierung und optimierter Reaktion. Wichtige Verbesserungen umfassen die Integration mit über 100 Sicherheitsprodukten, KI-gestützte Risiko-Priorisierung und automatisierte Remediations-Workflows.

Die Übernahme wird es Organisationen ermöglichen, Expositionen über ihren Sicherheitsstapel hinweg zu konsolidieren, Risiken zu priorisieren und die Reaktionsbemühungen über die gesamte Angriffsfläche zu optimieren. Dieser einheitliche Ansatz zielt darauf ab, die Herausforderung fragmentierter Sicherheitswerkzeuge zu bewältigen und einen umfassenden Überblick über Cyber-Risiken zu bieten.

Positive
  • Strategic acquisition valued at $150M strengthens Tenable's market position in exposure management
  • Integration with 100+ security products expands ecosystem coverage
  • Addition of AI-powered risk prioritization capabilities
  • Enhanced automated remediation workflows improve operational efficiency
Negative
  • Significant cash outlay of $147M impacts company's cash reserves
  • Integration risks and potential implementation challenges
  • Additional expenses from RSU compensation

Insights

The 150 million acquisition of Vulcan Cyber marks a significant strategic investment for Tenable, representing approximately 2.8% of its market capitalization. The deal structure is particularly noteworthy:

  • The predominantly cash-based transaction (147 million) demonstrates Tenable's strong liquidity position and confidence in immediate value creation
  • The 3 million RSU component helps retain key talent and align long-term interests
  • The timing of the acquisition, expected to close in Q1 2025, suggests careful regulatory consideration and integration planning

From a market perspective, this acquisition addresses critical industry pain points around fragmented security solutions. The integration of Vulcan's 100+ security product integrations could accelerate Tenable's platform strategy, potentially leading to:

  • Increased market share in the rapidly growing exposure management segment
  • Enhanced recurring revenue through cross-selling opportunities
  • Improved competitive positioning against larger security vendors

The strategic focus on AI capabilities and automated remediation workflows positions Tenable to capitalize on the industry shift toward automated security solutions, potentially driving higher margins through operational efficiencies and increased customer value proposition.

This acquisition represents a significant technological leap forward for Tenable's exposure management platform. The integration brings three critical technical advantages:

  • Enhanced Data Integration Architecture: Vulcan's ability to integrate with over 100 security products will significantly expand Tenable's data ingestion capabilities, creating a more comprehensive security posture assessment
  • Advanced AI Implementation: The unified risk data set creates a foundation for sophisticated AI applications in exposure management, potentially enabling predictive analytics and automated risk assessment
  • Automated Workflow Optimization: The integration of Vulcan's automated remediation capabilities with Tenable's existing infrastructure could significantly reduce response times and human error in security operations

The technical synergies between these platforms could lead to more sophisticated threat detection and response capabilities, particularly in cloud environments where traditional security approaches often fall short. The combined platform's ability to consolidate and normalize data from diverse security tools addresses a important technical challenge in enterprise security architecture.

COLUMBIA, Md., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc., (“Tenable”) (Nasdaq: TENB) the exposure management company, today announced that it has signed a definitive agreement to acquire Vulcan Cyber Ltd. (“Vulcan Cyber”), a leading innovator in exposure management. Vulcan Cyber’s capabilities will augment Tenable’s industry-leading Exposure Management platform, enhancing customers’ ability to consolidate exposures across their security stack, prioritize risks and streamline remediation efforts across the entire attack surface.

Under the terms of the agreement, Tenable will acquire Vulcan Cyber for approximately $147 million in cash and $3 million of restricted stock units (RSUs) that vest over a future period. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions.

“CISOs are overwhelmed with scattered security products, siloed tools and disjointed teams which makes protecting their organizations from exposure a massive undertaking. As the pioneer behind Exposure Management, we are driven to solve this central challenge of modern security — a fragmented approach to identifying and combating cyber risk,” said Steve Vintz, Co-CEO and CFO, Tenable. “That is what this acquisition is all about. With Vulcan, we’re accelerating our Tenable One vision to radically unify security visibility, insight and action across the attack surface – from the data center to the cloud – to rapidly expose and close the gaps that put businesses at risk.”

Tenable plans to expand the Tenable One Exposure Management Platform with Vulcan Cyber’s robust capabilities, including enhanced visibility, extended third-party data flows, superior risk prioritization, and optimized remediation. By consolidating and aggregating vast amounts of data into the most comprehensive Exposure Management platform, Tenable is empowering organizations to confidently reduce risk across their entire environment.

“These capabilities aren’t just technical enhancements – they represent a fundamental shift in how organizations will manage cyber risks holistically into the future. For example, while having a cloud security platform is critical on its own, its power is exponentially amplified when treated as part of a comprehensive exposure management approach,” said Mark Thurmond, Co-CEO and COO, Tenable. “By uniting disparate tools and data under one roof, we’re providing security teams with a full-spectrum view of their attack surface, enabling them to prioritize what matters most and act decisively to address vulnerabilities.”

A Unified Vision for Exposure Management

With the addition of Vulcan Cyber, Tenable One customers will gain:

  • Expanded Third-Party Ecosystem Data: By integrating with more than 100 security products across vulnerability assessment, endpoint security, cloud security, application security, and threat intelligence, Tenable will ingest, normalize, and unify data across the security stack. This streamlined approach centralizes critical data and empowers security teams to operate more efficiently and proactively across the entire attack surface.
  • AI-Powered Risk Prioritization: Siloed security products create blind spots where attackers thrive, leaving critical gaps across the attack surface. Enhanced risk prioritization closes these gaps by integrating enriched threat intelligence and context, helping organizations focus on the most critical vulnerabilities while optimizing the use of their security tools and technology.
  • Automated Remediation Workflows: Optimized remediation with automated campaigns, advanced tagging and ticketing ensure that security issues, along with corrective guidance, get into the hands of the right security team members to automatically fix exposures quickly, wherever they might exist in their environment.
  • Advanced AI capabilities: Leveraging a single unified risk data set, Tenable is laying the foundation for advanced exposure AI capabilities that will revolutionize how customers manage and mitigate risk across the security stack.

“We’re thrilled to join forces with Tenable. Integrating Vulcan Cyber’s capabilities into the Tenable One platform will uniquely address all exposure management use cases across the entire attack surface,” said Yaniv Bar-Dayan, Co-Founder and CEO, Vulcan Cyber. “For the first time at scale, security teams will be able to consolidate exposure findings from multiple sources into a single, actionable interface. We are excited to start working with Tenable and their customers to remediate exposure risk.”

About Vulcan Cyber
Vulcan Cyber is a pioneer in cyber risk management. Its flagship ExposureOS platform helps businesses reduce vulnerabilities and asset risk through measurable and efficient attack surface security. Investors include YL Ventures, TenEleven Ventures, Dawn Capital, Maor Investments and Wipro Ventures. Learn more at https://vulcan.io.

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

Forward Looking Statements
This press release contains forward-looking information related to Tenable, and its potential acquisition of Vulcan Cyber Ltd. that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. You can generally identify forward-looking statements by the use of forward-looking terminology such as the words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. The forward-looking statements in this press release are based on Tenable’s current plans, objectives, estimates, expectations and intentions and inherently involve significant risks and uncertainties, many of which are beyond Tenable’s control. Forward-looking statements in this communication include, among other things, statements about the potential benefits of the acquisition and product developments and other possible or assumed business strategies, potential growth opportunities, new products, potential market opportunities, and the anticipated timing of the closing of the acquisition. Risks and uncertainties include, among other things, our ability to successfully integrate Vulcan Cyber’s operations; our ability to implement our plans, expectations with respect to Vulcan Cyber’s business; our ability to realize the anticipated benefits of the acquisition, including the possibility that the expected benefits from the acquisition will not be realized or will not be realized within the expected time period; disruption from the acquisition making it more difficult to maintain business and operational relationships; the inability to retain key employees; the negative effects of the consummation of the acquisition on the market price of our common stock or on our operating results; unknown liabilities; attracting new customers and maintaining and expanding our existing customer base; our ability to scale and update our platform to respond to customers’ needs and rapid technological change, increased competition on our market and our ability to compete effectively, and expansion of our operations and increased adoption of our platform internationally.

Additional risks and uncertainties that could affect our financial results are included in the section titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2023, our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 and other filings that we make from time to time with the Securities and Exchange Commission (SEC) which are available on the SEC’s website at www.sec.gov. In addition, any forward-looking statements contained in this communication are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

Contact information

Investor Relations
investors@tenable.com

Media Relations
tenablepr@tenable.com


FAQ

What is the total value of Tenable's acquisition of Vulcan Cyber?

The total acquisition value is approximately $150 million, consisting of $147 million in cash and $3 million in restricted stock units (RSUs).

When is TENB expected to close the Vulcan Cyber acquisition?

The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions.

How many third-party security products will Tenable integrate through this acquisition?

The acquisition will enable integration with more than 100 security products across vulnerability assessment, endpoint security, cloud security, application security, and threat intelligence.

What new capabilities will TENB gain from the Vulcan Cyber acquisition?

Tenable will gain expanded third-party ecosystem data integration, AI-powered risk prioritization, automated remediation workflows, and advanced AI capabilities for exposure management.

How will the Vulcan Cyber acquisition impact Tenable One platform?

The acquisition will enhance Tenable One platform with improved visibility, extended data flows, superior risk prioritization, and optimized remediation capabilities across the entire attack surface.

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