**Editor's Note: Please click here for a recap of the biggest channel-impacting mergers in Q2 2013.**
Software-as-a-service provider Proofpoint has acquired Abaca Technology Corp. through a reverse triangular merger with a wholly owned subsidiary of Proofpoint. Abaca is a Silicon Valley company known for its engineering strength, technical talent, and email filtering & protection algorithms.
Abaca is privately held and headquartered in San Jose, Calif. Proofpoint says Abaca's real-time, in-memory threat scoring technologies complement its big-data driven analysis techniques, which further extend Proofpoint's threat protection capabilities.
Proofpoint says its drive to deliver solutions and innovation in the advanced threat protection, messaging security, and security-as-a-service space, led it to Abaca, whose cloud-based, multidimensional approach to threat detection is fits in with Proofpoint's other advanced detection techniques.
"The Abaca team has deep expertise in email filtering and protection, and a passion for staying ahead of the threat curve," said Gary Steele, Proofpoint's CEO.
Terms of the deal weren't disclosed.
made some changes
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