Tenable to acquire Vulcan Cyber for USD $147 million

Tenable has announced a definitive agreement to acquire the exposure management firm Vulcan Cyber for an estimated USD $147 million in cash along with USD $3 million in restricted stock units.

The acquisition, subject to customary closing conditions, is expected to conclude in the first quarter of 2025. The integration of Vulcan Cyber's capabilities is set to enhance Tenable's Exposure Management platform, aiding in the consolidation of exposures across security systems, and improving risk prioritisation and remediation efforts.

Steve Vintz, Co-CEO and CFO of Tenable, remarked, "CISOs are overwhelmed with scattered security products, siloed tools and disjointed teams which makes protecting their organizations from exposure a massive undertaking. As the pioneer behind Exposure Management, we are driven to solve this central challenge of modern security — a fragmented approach to identifying and combating cyber risk. That is what this acquisition is all about. With Vulcan, we're accelerating our Tenable One vision to radically unify security visibility, insight and action across the attack surface – from the data centre to the cloud – to rapidly expose and close the gaps that put businesses at risk."

The acquisition will see Tenable One's platform expanded with Vulcan Cyber's advanced capabilities. These enhancements include improved visibility and extended third-party data flows, better risk prioritisation, and streamlined remediation processes. The aim is to empower organisations to reduce risk more effectively across their environments by consolidating and aggregating extensive data into a comprehensive management platform.

Mark Thurmond, Co-CEO and COO of Tenable, commented, "These capabilities aren't just technical enhancements – they represent a fundamental shift in how organizations will manage cyber risks holistically into the future. For example, while having a cloud security platform is critical on its own, its power is exponentially amplified when treated as part of a comprehensive exposure management approach. By uniting disparate tools and data under one roof, we're providing security teams with a full-spectrum view of their attack surface, enabling them to prioritize what matters most and act decisively to address vulnerabilities."

The integration promises to bring enhanced benefits to Tenable One customers, including expanded third-party ecosystem data through integration with over 100 security products. Tenable will normalise and unify this data, centralising critical information to help security teams operate efficiently across the entire attack surface.

Risk prioritisation will be bolstered by AI-powered systems, reducing blind spots and integrating enriched threat intelligence. This is aimed at helping organisations concentrate on the most critical vulnerabilities and optimise the use of security tools and technology.

Automated remediation workflows will feature optimised processes with automated campaigns, advanced tagging, and ticketing systems designed to ensure security issues are swiftly addressed by the appropriate teams.

Yaniv Bar-Dayan, Co-Founder and CEO of Vulcan Cyber, expressed enthusiasm about the collaboration, stating, "We're thrilled to join forces with Tenable. Integrating Vulcan Cyber's capabilities into the Tenable One platform will uniquely address all exposure management use cases across the entire attack surface. For the first time at scale, security teams will be able to consolidate exposure findings from multiple sources into a single, actionable interface. We are excited to start working with Tenable and their customers to remediate exposure risk."