Sectigo, a global provider of automated digital certificate management and web security solutions, has acquired SiteLock – a provider of website security protection and monitoring. The transaction also includes Patchman, a Netherlands-based provider of automated Content Management System (CMS) vulnerability scanning and patching solutions.
By acquiring SiteLock, Sectigo expands its product capabilities, partner network, and reach to more than 16 million websites currently protected by Sitelock. The combined organization would establish a commanding market leadership position in web security. Financial details of the deal were not disclosed. SiteLock is Sectigo’s fifth acquisition completed during the past three years.
Through this acquisition, Sectigo’s global organization will grow to more than 450 employees worldwide. According to Sectigo, the SiteLock brand will remain intact and will now be known as SiteLock, ‘A Sectigo Company,’ a separate business unit within Sectigo.
“SiteLock is a widely recognized and trusted brand for website security among customers and partners globally,” said Michael Fowler, President of Partners and Channel, Sectigo. “Businesses are facing more frequent and sophisticated web-based attacks, often overwhelming website owners and crippling their business. By combining Sitelock and Sectigo products’ strengths, we are providing an unmatched, automated website security solution backed by two of the largest brands and experts in the market.”
Website Security Demand
Global demand for advanced web security is at an all-time high, particularly in an era of remote work and increasingly frequent and complex cyberattacks. In line with this market trend, sales of the Sectigo Web Security Platform grew nearly 40% in the 2H of 2020, demonstrating that businesses are making increased investments to improve their website security and ensure business continuity.
“As a recognized leader in innovative cybersecurity solutions for both enterprises and small businesses, we are energized by the opportunity to join Sectigo’s rapidly expanding global organization,” said Tom Serani, Chief Channel Officer, SiteLock. “Now, as part of the trusted Sectigo organization, we will continue to develop and deliver best-in-class security solutions that safeguard businesses worldwide.”
The recent Sectigo ‘State of Website Security and Threat Report’, found that 20% of SMBs surveyed have experienced a breach in the past year alone. Thirty-seven percent of those breached concede that they had some form of website security in place at the time -underscoring the need for more comprehensive solutions.
Sectigo strengthened its enterprise security platform in 2019 with the addition of Icon Labs’ IoT security technology, and acquired CodeGuard, a website backup and recovery company for SMBs in mid-2018.
In fall 2020, Sectigo acquired SSL247, one of the biggest SSL certificate and web security providers in the UK and France, and Xolphin, and one of the largest providers of SSL certificates and digital signatures in the Netherlands, to extend its sales reach and support for the company’s leading SSL certificate solutions.