Facebook Acquires Tech-Security Firm PrivateCore For A Connected, Secure Online Environment
@ambarish-PQyoXg
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Oct 22, 2024
Oct 22, 2024
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Facebook earlier today announced its acquisition of PrivateCore, a Palo Alto-based secure server technology company, technology of which Facebook plans to incorporate in its own server system. Terms of the deal remain undisclosed still. Whether this move is pertaining to their existing servers, or whether this acquisition is a bigger plan in Facebook's e-commerce dream is to be seen.
PrivateCore, founded in late 2011, offers vCage Solution, that lets the company concomitantly sanction remote servers and protect data being used. Any application run on a commodity x86 server could be protected using PrivateCore’s security software that combines the best of on-premise security and cloud-base security.
Joe Sullivan, Facebook's Head of Security, added that with the company embracing high volume HTTPS encryption by default, the data centers needed to be secured more efficiently. With vCage technology, servers shall be better protected against malwares, unauthorized physical access, and malicious hardware devices, thus ensuring safety for any running application in hosted, outsourced or cloud environments, believes he. Oded Horovitz, CEO - PrivateCore, shall be moving into Facebook following the acquisition.
PrivateCore, founded in late 2011, offers vCage Solution, that lets the company concomitantly sanction remote servers and protect data being used. Any application run on a commodity x86 server could be protected using PrivateCore’s security software that combines the best of on-premise security and cloud-base security.
Joe Sullivan, Facebook's Head of Security, added that with the company embracing high volume HTTPS encryption by default, the data centers needed to be secured more efficiently. With vCage technology, servers shall be better protected against malwares, unauthorized physical access, and malicious hardware devices, thus ensuring safety for any running application in hosted, outsourced or cloud environments, believes he. Oded Horovitz, CEO - PrivateCore, shall be moving into Facebook following the acquisition.
