Proofpoint, Inc.,, a leading next-generation cybersecurity company, has entered into a definitive agreement to acquire Weblife.io, a leader in browser isolation solutions. The agreement is subject to customary closing conditions and is expected to close in the fourth quarter of 2017.
As email remains the number one threat vector, Proofpoint is committed to helping customers stay protected from the ever-growing proliferation of email-related attacks, from malware to phishing to email fraud. Proofpoint’s†advanced email suite†provides the industry’s most comprehensive protection for corporate email, and Weblife.io will allow Proofpoint customers to extend that protection to personal email accounts, while preserving the privacy of their users.
“In an era of constant connectivity and eroding boundaries between a professional and personal digital life, it is critical to have email protection that is both broad and deep,” said Gary Steele, Chief Executive Officer of Proofpoint. “The acquisition of Weblife.io gives us greater ability to help protect our customers from today’s rapidly evolving cyberattacks, as cybercriminals look for new ways to abuse email channels. We are thrilled to welcome Weblife.io’s employees to the Proofpoint team.”
With this acquisition, Proofpoint will be extending its industry leading advanced threat protection capabilities to personal email.† Thousands of enterprise customers rely on Proofpoint’s advanced email security solutions to protect corporate email; however, their employees frequently also use their work laptops to access their personal email, leaving corporate systems and data potentially vulnerable to attack through this alternative channel.† By combining Weblife.io’s browser-isolation technology with Proofpoint’s industry leading threat detection and intelligence capabilities, enterprises can now secure both corporate and personal email from advanced threats and compliance risks.† The integrated solution will become a separate module within the†Targeted Attack Protection (TAP)†advanced threat suite, and will be available in the first half of 2018.
Key advantages of the integrated solution will include:
- Unique combination of browser isolation and advanced threat detection delivers comprehensive protection from both malware and credential stealing phishing links.
- Fully cloud-based deployment protects users working both on and off the corporate network while delivering a seamless user experience.
- Native privacy protections allow organizations to protect users and corporate assets from threats while preserving end-user privacy and complying with global data privacy regulations such as the European Union General Data Protection Regulation (GDPR).
“Organizations are having to confront the reality that employees will check their personal email from the corporate network, and will also use their corporate devices to check their email at home after work, on the road, and everywhere in between,” said David Melnick, Chief Executive Officer of Weblife.io. “By combining Proofpoint’s advanced threat detection capabilities with our unique browser isolation solution, enterprises can now secure both corporate and personal email from advanced threats and compliance risks.”
The acquisition is expected to have no material impact to billings, revenue, net income and free cash flow for both Q4 2017 and FY 2018 as provided on October 19, 2017, and updated on November 21, 2017.
