- Rapid7 (NASDAQ:RPD) signed an agreement to buy Noetic Cyber, a cyber asset attack surface management company.
- The acquisition of Noetic Cyber is expected to close during Rapid7’s fiscal third quarter and is not expected to have a material impact on the company’s 2024 annualized recurring revenue.
- The addition of Noetic’s CAASM solution to Rapid7’s existing cybersecurity solutions will provide more comprehensive visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud.
- Following the close of the transaction, Rapid7 is expected to make Noetic Cyber capabilities available to its customers this summer.
- Source: Press Release
2024-07-01