Motorola Solutions has acquired Delta Risk, a major MSSP (managed security services provider), according to an email announcement sent to existing and target customers.
This is M&A deal 379 that MSSP Alert and ChannelE2E have covered so far in 2020. See the full M&A deal list here.
In an email statement about the deal, Delta Risk said:
"Joining the Motorola Solutions team gives Delta Risk access to a broad set of resources and capabilities that will enhance the combined offerings and services we offer. For our existing customers, it will be business as usual going forward, and you can rest assured that continuing to provide a high level of service will remain a priority."
Pitchbook has also confirmed the deal.
Delta Risk is a Top 250 MSSP for 2020 as well as a Security Operations Center as a Service (SOCaaS) provider. The MSSP also develops a SOAR (security orchestration, automation and response) platform called ActiveEye.
Key Delta Risk partners include VMware Carbon Black, CrowdStrike. The MSSP also offers an MSP partner program.
About Motorola Solutions
Motorola Solutions ($MSI) offers a range of cybersecurity services -- including Risk Assessment and Consulting Services, Penetration Testing, Security Patching, Security Monitoring, Advanced Threat Detection and Response, System Recovery, and Cybersecurity Training.
Motorola Solutions revenues were $1.6 billion in Q2 2020, down 13 percent from the corresponding quarter a year earlier, the company disclosed on August 6, 2020. The revenue figures beat Wall Street's expectations, according to SeekingAlpha.
M&A activity in the MSSP market has beens strong. Here's a complete list of MSSP mergers and acquisitions that we've tracked.
