Symantec Acquires Luminate Security

GlobalDots
1 Min read

Symantec said on Tuesday that it’s acquiring Luminate Security, a Palo Alto startup that makes software-defined perimeter technology. Symantec plans to fold Luminate’s secure access cloud system into its Integrated Cyber Defense Platform. Financial terms of the deal were not disclosed.

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Luminate provides a unified security stack that allows only point-to-point, ad-hoc user access to specific corporate resources across environments and infrastructures. Enterprises can use the platform to scale scale private, “no DNS” access control, with admins granting connections to only specific applications and resources for which users are authorized.

Software-defined perimeter technology is a growing segment of the cybersecurity landscape. Research firm Gartner has estimated that 60 percent of enterprises will phase out network VPNs for business communications in favor of software-defined perimeters by 2021.

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Read more: ZDNet.com

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