Lookout Announces Sale of Its Cloud Security Business to Fortra

Eden Prairie-based Fortra Buys a Piece of Boston Cybersecurity Firm

Fortra, the Eden Prairie-based cyber defense firm formerly known as HelpSystems, on Monday announced it has acquired the cloud security business of Boston-based Lookout Inc. The business unit is primarily concerned with helping companies stay abreast of threats and attacks in the cloud. In a news release, Fortra CEO Matt Reck acquisition said the acquisition will create “one of the industry’s most complete cloud security solutions.” The companie…

Lookout Announces Sale of Its Cloud Security Business to Fortra

Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business. Read More on CIO Influence: AI-Augmented Risk Scoring in Shared Data Ecos…