The acquisition accelerates OpenText’s Cybersecurity product roadmap to offer key features, including API integrations and product/pricing bundling for MSPs.
Open Text Corporation announced that it had purchased Pillr technology, a cloud-native, multi-tenant Managed Detection and Response (MDR) platform for managed Service Providers (MSPs) from Novacoast, Inc.
Mark J. Barrenechea, CEO & CTO at OpenText, said, “We are pleased to welcome Pillr customers and employees to OpenText. Cyber threats continue to rise fast and are growing more sophisticated. Organisations need advanced Managed Detection and Response solutions to prevent attackers from gaining the foothold needed to launch an attack. The combination of Pillr’s platform with our existing Threat Detection offerings strengthens OpenText’s position in the cybersecurity market and reinforces our commitment to our SMB partners and customers.”
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The combination of Pillr technology and OpenText security expertise will provide enhanced threat hunting, monitoring, and response for customers where skill gaps, skill shortages, and alert fatigue create a significant need today.
The acquisition accelerates OpenText’s Cybersecurity product roadmap to offer key features, including API integrations and product/pricing bundling for MSPs seeking a comprehensive solution to protect, detect and respond to cybersecurity threats.
