Boeing snaps up Narus
Acquisition brings network monitoring and analytics software capabilities
- By William Welsh
- Jul 09, 2010
Boeing continued its expansion into the cybersecurity realm this week with the acquisition of Narus Inc., a provider of real-time network traffic and analytics software. The financial terms were not disclosed.
The acquisition of privately held Narus is an outgrowth of a partnership between the two companies and is intended to boost Boeing’s capabilities in delivering cybersecurity products and technologies to domestic and international customers, company officials said July 7.
“This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection and cybersecurity,” said Roger Krone, president of Boeing Network and Space Systems.
Narus will operate as a unit in Boeing’s Network and Space Systems. In addition to supporting cyber initiatives for that segment of Boeing’s operations, Narus’ technology also will be applied to Boeing’s smart grid energy work and also to ensure the network security of Boeing’s ground, air and space products.
The acquisition is expected to close in third quarter 2010.
Narus, which employs 150 people, is based in Sunnyvale, Calif. Boeing, of Chicago, ranks No. 3 on Washington Technology’s 2010 Top 100 list of the largest federal government prime contractors.
William Welsh is a freelance writer covering IT and defense technology.