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November 9, 2015

Blue Coat Systems buys Elastica in big cloud move

News: Purchase means cloud, on-premise, and hybrid products now available.

By Charlotte Henry

Blue Coat Systems has said it will purchase fellow cyber security firm Elastica for $280m.

As a result, it says it will be able to offer a global security platform that provides visibility, control and data-level security across cloud, on premise and hybrid cloud environments.

Elastica’s CloudSOC product will work alongside Blue Coat’s cloud and on-premise web security solutions, providing advanced web and cloud security, encrypted traffic management, advanced threat protection, incident response and network forensics, and network performance optimisation.

Mike Fey, Blue Coat president and COO said: "Corporations are facing a dissolving perimeter. The traditional infrastructure-centric way of protecting users cannot support the cloud age. We have made it our mission to solve this challenge by delivering an entire solution from the cloud, specifically built for the cloud. "

"We are thrilled to join forces to broaden the reach of the Elastica CloudSOC platform through Blue Coat’s customers," said Rehan Jalil, CEO and founder of Elastica. "Blue Coat’s commitment to enabling cloud applications and services aligns with our mission of providing visibility and protection of critical data stored in those applications."

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