Hornetsecurity has acquired Canadian cloud email protection company Zerospam for an undisclosed sum, according to a prepared statement. The news comes after Hornetsecurity in January 2021 purchased backup solution provider Altaro.
This is technology M&A deal number 200 that MSSP Alert and ChannelE2E have covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
With the Zerospam acquisition, Hornetsecurity will expand its North American reach, the company said. Hornetsecurity also plans to invest in Zerospam's partner community and provide new email security products.
A Closer Look at Zerospam
Zerospam offers a cloud email security solution that leverages artificial intelligence and machine learning, the company indicated. The solution provides inbound and outbound email protection.
Organizations can use Zerospam's solution to block unwanted emails, the company said. They also can protect emails sent from an organization's domains.
In addition, Zerospam's solution helps organizations guard against a wide range of email security threats, including:
- Distributed Denial-of-Service (DDoS): Leverages built-in throttling to protect email service integrity
- Malware: Checks email file attachments for malware and destroys suspicious messages
- Spear-Phishing: Protects against email spoofing and uses a spear-phishing module to block targeted email attacks
Zerospam serves more than 4,000 small, mid-sized and enterprise customers worldwide. It supports these customers via an ecosystem of over 400 partners.
What Does the Zerospam Acquisition Mean for Hornetsecurity?
The Zerospam acquisition supports Hornetsecurity's mission to become a leading security, compliance and backup provider, COO Daniel Blank said. It highlights Hornetsecurity's commitment to extending its North American reach and bolstering its email security portfolio.
Hornetsecurity provides managed cloud email security for Microsoft 365, email security and compliance and productivity services. It also offers a partner program for MSPs and value-added resellers (VARs).
