HelpSystems Acquires Beyond Security, Expands Cybersecurity Portfolio

By | Managed Services News

May 11

HelpSystems’ CEO said the acquisition will be good news for her company’s partners.

HelpSystems has acquired Beyond Security, a vulnerability assessment and management software provider, to further beef up its cybersecurity portfolio.

Beyond Security’s cloud-based products help organizations scan for network or application vulnerabilities. Its team and solutions will fit into HelpSystems’ infrastructure protection portfolio, which includes Digital Defense, Core Security and Cobalt Strike.

Kate Bolseth is HelpSystems’ CEO. She said her company’s partners will benefit from the acquisition.

HelpSystems' Kate Bolseth

HelpSystems’ Kate Bolseth

They are satisfying demand around the world to better protect customers’ infrastructures,” she said. “And this helps them with that by providing additional software to find and fix network or application vulnerabilities.”

Existing partners can add Beyond Security solutions to their offering, Bolseth said. Their customers and prospects will then have additional solutions to protect their infrastructure. Furthermore, existing partners will receive additional revenue streams.

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

“Beyond Security partners will benefit from a robust partner program that provides them with additional marketing, sales, support and presales help,” she said. “They will also be given an opportunity to add HelpSystems solutions to their portfolio.”

Expanding Portfolio via Acquisitions

Jim Cassens is HelpSystems‘ president. He said HelpSystems has been building out its cybersecurity portfolio through eight strategic acquisitions over the last 18 months.

HelpSystems' Jim Cassens

HelpSystems’ Jim Cassens

Beyond Security is well known in the vulnerability management space,” he said. “We really like the team, the technology and their dedication to customers. The leadership at Beyond Security was looking for a way to take its company to the next step and felt HelpSystems was an ideal fit given our global approach and momentum in cybersecurity.”

This acquisition gives HelpSystems the industry’s top infrastructure protection suite, Bolseth said.

“By providing a robust set of cybersecurity solutions, customers and partners will have one vendor to work with for an integrated portfolio,” she said.

Aviram Jenik is Beyond Security‘s co-founder and CEO.

“HelpSystems’ global footprint and resources will empower us to continue to advance our vulnerability detection capabilities, and afford our customers the opportunity to benefit from HelpSystems’ extensive security and automation solution stack,” he said.

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