Guardsquare announced it has completed the acquisition of the Extended Threat Defense (XTD) technology and assets from Verimatrix, further enhancing its mobile app security platform for developers and enterprises worldwide. The acquisition represents a major milestone for Guardsquare and reinforces its focus on delivering uncompromising mobile application security at scale.
Verimatrix’s XTD technology predicts, detects, and responds to threats before mobile apps are exploited. Guardsquare’s acquisition of XTD reinforces its commitment to delivering the most comprehensive mobile application security. This approach reflects the growing urgency organizations face in securing mobile applications. According to Verizon, 85% of organizations are experiencing a surge in mobile attacks, and 43% cite mobile app threats as the top contributor to breaches.
“The completion of this acquisition marks an important milestone for mobile security, and it aligns with our ongoing M&A strategy to further enhance our platform and increase our customer reach,” said Roel Caers, CEO of Guardsquare. “The integration of XTD complements Guardsquare’s mobile app security platform, reinforcing our end-to-end approach, which includes automated testing, multi-layered protection, real-time threat monitoring, and API security.”
The acquisition also strengthens Guardsquare’s global presence, enabling the company to meet customers where they are while further diversifying its reach across key industries such as financial services and healthcare. Furthermore, the move adds a new wave of dedicated engineers and security personnel from the XTD team, whose expertise will be instrumental in accelerating the evolution of the Guardsquare platform.
Guardsquare is committed to ensuring seamless continuity for existing XTD customers, with no disruption to current services, support, or product operations. Customers will continue to receive the same high standard of support they expect today as XTD technology becomes part of the Guardsquare platform. The company will also continue to work closely with the existing XTD partner ecosystem, as partners continue to sell and support customers as they do today.
For more information on the XTD technology, visit the website here.
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