The Complicated Security Landscape
Optiv Security is on a mission to become the biggest global security solution provider. The latest step in that undertaking took place Tuesday, with the solution provider saying that private equity firm KKR & Co. planned to acquire a majority stake, with current owner Blackstone Group maintaining a minority stake. The deal, reportedly at a price of nearly $2 billion, is expected to close in the first quarter of 2017. Optiv CEO Dan Burns sat down with CRN after the news to talk about the company's plans, and how it will leverage KKR's experience to drive global expansion (including acquisitions) and invest in cloud security, among other things. The ultimate goal, Burns said, is to achieve the scale and scope he said is necessary to serve clients in today's complicated security landscape.
Take a look at what Burns said about how the deal came about and what it will mean for Optiv and the security industry going forward.