About This Deal
OPEN TEXT CORP acquired Pillr, a transaction completed in May 2024. The deal was a Asset purchase.
Pillr operates in Managed Detection & Response (MDR), is based in United States. Pillr is a cloud native, multi-tenant MDR platform from Novacoast, Inc. for MSPs that includes powerful threat-hunting capabilities.
On May 22, 2024, we acquired Pillr, a cloud native, multi-tenant MDR platform from Novacoast, Inc. for MSPs that includes powerful threat-hunting capabilities.
Cloud-native, multi-tenant MDR capabilities for the MSP channel. Open Text Cybersecurity
Deal Terms
Acquirer
OPEN TEXT CORP
Target
Pillr
Value
Not disclosed
Date
May 2024
Type
Asset purchase
Status
Ready
Transaction Details
Target HQ
United States
Segment
Managed Detection & Response (MDR)
Closed
May 22, 2024
In Their Words
On May 22, 2024, we acquired Pillr, a cloud native, multi-tenant MDR platform from Novacoast, Inc. for MSPs that includes powerful threat-hunting capabilities.Open Text FY24 10-K, Business Combinations note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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