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Fishtech Group Plans Acquire Security Analytics Specialist Haystax Technology
Wednesday 23 May 2018

23 May 2018 - US-based cybersecurity solutions group Fishtech Group plans to acquire security analytics and risk management solutions provider Haystax Technology, the company said. 

The acquisition would solidify the cybersecurity solutions firm's relationship with Haystax, which had been a Fishtech Venture Group partner since 2016.

The new entity will further Fishtech's mission of data-driven security solutions while extending Haystax's customer reach beyond its roots in homeland security and public safety. 

Gary Fish, CEO and Founder of Fishtech, will serve as CEO and Pete Shah will be chief operations officer.

Haystax will retain its base in McLean, Virginia.

Fishtech said it plans to invest heavily in taking the new venture to market in the commercial enterprise space while enhancing its presence in federal, state, and local government.

Founded in 2012, Haystax Technology is a security analytics platform provider based in McLean, Virginia. 

Fishtech is based in Kansas City, Missouri.
Details
Date Published: 23/05/2018
Target: Haystax Technology
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Fishtech Group
Comment:
Terms of the deal were not disclosed

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