Rapid7, Inc. (NASDAQ: RPD), an industry leader in risk and threat detection, has reached a definitive agreement to acquire Noetic Cyber, a cutting-edge cyber asset attack surface management (CAASM) provider. This acquisition aims to enhance Rapid7’s cybersecurity solutions by offering increased visibility of a customer’s internal and external assets, both on-premise and in the cloud. The synergy is expected to help security teams better understand and manage potential threats. Noetic Cyber, co-founded in 2019 by industry veterans Paul Ayers, Allen Hadden, and Allen Rogers, specializes in helping security teams command their attack surfaces, thereby reducing risk. The acquisition is anticipated to close in Rapid7’s fiscal third quarter and won’t materially affect the company’s 2024 Annualized Recurring Revenue (ARR). The integration of Noetic Cyber’s capabilities into Rapid7’s platform will provide customers with pragmatic remediation guidance, automation, and higher fidelity in identifying security risks.

Cybersecurity, Technology, Software Development,United States

https://www.globenewswire.com/news-release/2024/07/01/2907040/36514/en/Rapid7-Agrees-to-Acquire-Cyber-Asset-Attack-Surface-Management-Company-Noetic-Cyber-to-Give-Customers-More-Comprehensive-Visibility-of-Their-Attack-Surface.html