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WatchGuard Technologies, a global leader in unified cybersecurity, has acquired ActZero, a provider of managed detection and response (MDR) services known for proactive, rapid and automated threat response and cross-platform AI-driven threat analysis designed to outpace threats at machine speed. The acquisition aims to expand and mature WatchGuard’s 24/7 MDR service, with ActZero’s people and services enhancing WatchGuard MDR and further extending its Unified Security Platform to deliver efficient, powerful security services with increased scale and speed for managed service providers (MSPs).
Kirkland & Ellis LLP and K&L Gates LLP acted as legal counsel to WatchGuard and its private equity sponsor Vector Capital, Barclays served as financial advisor to WatchGuard and Vector Capital, and Cooley LLP acted as legal counsel to ActZero.
Parties
Company
WatchGuard® Technologies
Company
ActZero
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
08 January 2025