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Barracuda Buys SKOUT Cybersecurity to Enter Red-Hot XDR Market: Page 2 of 2

The deal will add an eXtended detection and response solution backed by a 24/7 SOC to Barracuda’s current lineup of multitenant security offerings for MSPs. By Rich Freeman

Fully 93% of businesses surveyed by Enterprise Strategy Group last year were planning an XDR investment in the next 12 months, and 38% expected XDR to provide a centralized hub for security operations. 

Numbers like those were a key force behind EDR/XDR vendor SentinelOne’s record-setting IPO this week, and have many other vendors rolling out or augmenting XDR products. Fortinet, for example, introduced an XDR solution with automated artificial intelligence technology in January. Trend Micro shipped enhancements to its XDR solution in February and June.

SKOUT is Barracuda’s second significant acquisition in the last year. The company bought zero-trust network access vendor Fyde seven months ago, and released an MSP edition of software based on Fyde’s technology in March.

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