- Security analytics and automation provider Rapid7 Inc RPD has acquired open-source technology and community Velociraptor. The financial terms of the transaction were not disclosed.
- Rapid7 will continue to build the Velociraptor community and control its technology and acumens to augment Rapid7's incident response capabilities under the arrangement.
- Velociraptor was developed for digital forensics and incident response (DFIR) professionals to detect and track malicious activities across endpoints.
- Rapid7 held $173.6 million in cash and equivalents as of Dec. 31, 2020.
- Price action: RPD shares traded higher by 0.65% at $83.28 on the last check Wednesday.
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