Author: Jane Edwards|| Date Published: June 5, 2018
Qualys (Nasdaq: QLYS) has signed a letter of intent to buy Arlington, Va.-based advisory services provider Second Front Systems for an undisclosed sum as part of efforts to expand its footprint in the federal government, military and national security markets.
Qualys said Monday both companies need to sign definitive agreements before they can proceed with the transaction and that it expects the deal to conclude either in the third quarter or fourth quarter of 2018.
The Foster City, Calif.-based cloud security and compliance services provider plans to operate Second Front as an independent subsidiary as part of its federal division.
œThis acquisition would enable us to strengthen our federal division and expand the reach of the Qualys Gov Platform to various government sectors including military and defense, said Philippe Courtot, Qualys chairman and CEO.
Second Front Systems provides cybersecurity and intelligence analytics platforms to government agencies to help them meet their mission requirements and serves as a Qualys partner that delivers systems to agencies that use the latter™s Gov Platform.
The Qualys Gov Platform has authorization to operate under the Federal Risk and Authorization Management Program and works to help agencies detect and respond to cyber threats and meet compliance and regulatory requirements.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
Qualys (Nasdaq: QLYS) has signed a letter of intent to buy Arlington, Va.-based advisory services provider Second Front Systems for an undisclosed sum as part of efforts to expand its footprint in the federal government, military and national security markets.
