VMware buys Cyber-security firm Lastlines

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Content source

https://techcrunch.com/2020/06/04/vmware-lastline-staff-cuts/

Lastline to be Acquired by VMware

Today I am thrilled to announce that Lastline has entered into a definitive agreement to be acquired by VMware. The transaction has received the approval of both companies’ Boards, but is potentially subject to certain

www.lastline.com

Lastline provides threat detection services mostly focused on the network level, but they range from malware analysis to intrusion detection and network traffic analysis. The company prides itself on being a cloud-native platform and, as such, it promises to secure cloud deployments and on-premises networks, as well as multi-cloud and hybrid environments.

A source tells us that VMware will let go some 40% of Lastline’s employees — about 50 staffers — as part of the acquisition. We asked a Lastline spokesperson for comment prior to publication but did not hear back. A spokesperson for VMware also did not respond to a request for comment.