Tenable Plans to Acquire Vulcan Cyber, Accelerate Leadership in Exposure Management

Core Viewpoint - Tenable Holdings, Inc. has signed a definitive agreement to acquire Vulcan Cyber Ltd. for approximately $147 million in cash and$3 million in restricted stock units, enhancing its Exposure Management platform and addressing the challenges of fragmented security approaches [1][2][3] Group 1: Acquisition Details - The acquisition is valued at around $147 million in cash and$3 million in restricted stock units, with the deal expected to close in the first quarter of 2025, pending customary closing conditions [2] - Vulcan Cyber's capabilities will enhance Tenable's Exposure Management platform, allowing for better consolidation of exposures, risk prioritization, and streamlined remediation efforts [1][3] Group 2: Strategic Importance - The acquisition aims to address the overwhelming challenges faced by Chief Information Security Officers (CISOs) due to scattered security products and siloed tools, thereby improving the management of cyber risks [3][4] - Tenable's vision is to unify security visibility and action across the attack surface, from data centers to cloud environments, to effectively close security gaps [3][4] Group 3: Enhanced Capabilities - The integration of Vulcan Cyber will provide Tenable One customers with a comprehensive view of their attack surface, enabling security teams to prioritize critical vulnerabilities and act decisively [4][5] - Key enhancements include expanded third-party ecosystem data integration, AI-powered risk prioritization, automated remediation workflows, and advanced AI capabilities for managing risk across the security stack [6]