Datto Holding Corp. (Datto) (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for Managed Service Providers (MSPs), today announced that it has acquired threat detection and response company Infocyte, extending Datto’s security capabilities that protect, detect, and respond to cyberthreats found within endpoints and cloud environments.
Based in Austin, Texas, Infocyte is an innovator in Endpoint Detection and Response (EDR) technologies and Managed Detection and Response (MDR) services. Founded by threat intelligence experts from renowned cybersecurity institutions within the U.S. military, Infocyte’s patented technologies continuously collect and correlate data from endpoints to identify potential threats. Utilizing this platform is a team of specialized security analysts in a Security Operations Center (SOC) who can respond in real-time to escalated cyberthreats.
“Datto has always focused on enabling its MSP partners to secure the digital assets – both applications and data – of their Small and Medium Business (SMB) clients. The addition of the Infocyte team and technologies augments our capabilities within the critical Protect, Detect, and Respond stages outlined in the NIST organizational security framework,” said Tim Weller, CEO of Datto. “Infocyte’s offerings are complementary to Datto RMM Ransomware Detection and SaaS Defense application security products in those same NIST stages.”
Weller continued, “In 2022, we will continue to leverage the power of our Datto RMM platform by fully integrating Infocyte’s patented technology, further securing endpoints and fortifying this key first line of defense for MSPs. Today, we welcome the Infocyte team, who will join us in developing our rapidly expanding set of MSP-delivered security offerings. MSPs are squarely in the security business, so Datto continues to make security a top investment focus.”
“We look forward to joining Datto and to further securing the SMBs and other clients served by its vast network of MSPs around the world,” said Curtis Hutcheson, CEO of Infocyte. “Securing endpoints from advanced threats continues to be a top challenge for SMBs. With Datto’s partner community and growing security portfolio, we will be able to dramatically expand our reach to millions of endpoints under management, enabling Datto’s partners to provide their SMB customers with leading detection and response technologies.“
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding Datto’s acquisition of Infocyte and expected benefits of the acquisition to Datto, its stockholders, and its partners. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including the successful integration of Infocyte’s technology into Datto’s solutions.
You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
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