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Verizon acquires Niddel

Verizon HQ in New York, Verizon acquires Niddel
Verizon HQ in New York
Verizon decided to buy Niddel for improving its malware detection and response for enterprise customers thanks to the machine-learning-based automated threat hunting technology of the latter.
Codrut Nistor,
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Digital security is one of the many fields where machine learning will have a noticeable impact in the years to come, so it is not surprising to see Verizon taking the steps needed to enforce its position in this field. Its latest corporate acquisition is Niddel, a company that was founded in 2014 and currently provides a software solution called Magnet that uses machine learning to improve the detection rate and response speed when hunting threats.

"Verizon is the perfect partner to accelerate our long-term vision of delivering automation and intelligence solutions through machine learning to more organizations throughout the world," said Niddel's CEO Felipe Boucas. On the other hand, Verizon's executive director for security services Alexander Schlager revealed the company's plans for the Magnet software, saying that this automated solution will be integrated "into the already robust set of managed security services offered by Verizon." However, he did not mention when is this going to happen or what is going to happen with the Niddel brand.

The financial terms of the deal have not been disclosed, as it usually happens in such cases. Remains to see if this acquisition will have any impact on Verizon's services for home users anytime soon or not. Anyway, this is quite an interesting move by the US company headquartered in New York City.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5433 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 01 > Verizon acquires Niddel
Codrut Nistor, 2018-01- 6 (Update: 2018-01- 6)