REDWOOD CITY, Calif., Aug. 30, 2017 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced that it has completed the purchase of certain assets of Nevis Networks. This transaction provides Qualys with significant domain expertise in passive scanning technologies and allows the company to accelerate its move into the adjacent market of mitigation and response at endpoints.
Nevis Networks has built a series of high performance security products that extend similar levels of protection found in the perimeter to all users on enterprise LANs. These solutions allow enterprises to share network access with managed (employees) and unmanaged users (guests, contractors, customers) whilst providing the necessary control required by compliance and regulatory bodies. Nevis Networks' highly scalable and cost-effective solutions are seamlessly integrated into the policy infrastructure of the network.
Nevis Networks is based in Pune, India and will be fully integrated with Qualys' existing Pune operation including Nevis Networks' engineering team. Qualys intends to continue supporting existing Nevis Networks customers and integrate its products into the Qualys Cloud Platform.
Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 120 countries, including a majority of each of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions in a single platform and build security into digital transformation initiatives for greater agility, better business outcomes and substantial cost savings. The Qualys Cloud Platform and its integrated Cloud Apps deliver businesses critical security intelligence continuously, enabling them
to automate the full spectrum of auditing, compliance and protection for IT systems and web applications on premises, on endpoints and elastic clouds. Founded in 1999 as one of the first SaaS security companies, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, IBM, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance. For more information, please visit www.qualys.com.
This press release
contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties including, statements regarding our ability to accelerate our entry into adjacent markets as a result of the asset acquisition and our intent to continue supporting existing Nevis customers and integrate Nevis' products into the Qualys Cloud Platform. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors, including the effects of the highly competitive market in which we operate, including competition from much larger technology companies; any inability to successfully develop and introduce new products, features, and services or
enhance existing products and services; product liability issues, security breaches or other defects; and other factors discussed under the heading "Risk Factors" in our most recent report on Form 10-Q filed with the Securities and Exchange Commission. All forward-looking statements contained herein are based on information available to us as of the date hereof and we do not assume any obligation to update these statements as a result of new information or future events.
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SOURCE Qualys, Inc.