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Lastline

Company

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Owners:
VMware

Content

Number of employees
2020 year
156

Owners

Lastlinethe software developer for protection against computer viruses founded in 2011.

History

2020: VMware purchased Lastline

On June 4, 2020 VMware announced acquisition of Lastline with the purpose to improve functionality of the products regarding detection of difficult cyberthreats in corporate networks. The financial component of the agreement of the company did not begin to be opened. It is going to close the transaction by the end of July, 2020.

VMware hopes to expand possibilities of the division of Carbon Black Threat Analysis due to purchase of Lastline, having added it technology of the behavioural analysis and a research of the cyberthreats focused on networks.

VMware purchased the cybersecurity company better to detect cyberthreats

Lastline calls the employees by group of scientists-researchers in the field of cyber security who will continue the work with assistance of VMware. However, as writes the TechCrunch edition, VMware is going to cut down about 40% of the staff of Lastline after completion of the transaction. VMware and Lastline refused to give comments in this respect.

According to the Crunchbase portal, by the beginning of June, 2020 in a startup 156 people work. For the history the company attracted in total $522 million investments.

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Having combined efforts with VMware, we will be able to offer our clients additional opportunities and to bring to the market complete solutions on security for data centers, branches of the companies, remote and mobile users, – the CEO of Lastline John DiLullo whose words are cited in the blog of the company said.
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 Tom Gillis, the senior vice president and the head of division of network solutions and security of VMware company, says that in Lastline the researchers and world-class developers concentrated on protection of networks against viruses and also the cybersecurity experts who are engaged in an output of products to the commercial market work.

Lastline offers the product using "emulation of all system" more deeply to study each instruction which is carried out by the malware. It gives to researchers much deeper understanding of how the virus works, Gillis noted.[1]

Notes