Tenable to Acquire Vulcan Cyber, Enhancing Leadership in Cybersecurity

Tenable Holdings, Inc., a leader in exposure management, has announced a definitive agreement to acquire Vulcan Cyber Ltd., an innovator in the same field, for approximately $147 million in cash and $3 million in restricted stock units. Vulcan's capabilities are set to enhance Tenable's existing exposure management platform by improving data consolidation across security stacks, risk prioritization, and remediation strategies. The acquisition aligns with Tenable's strategy to unify security visibility and action from data centers to cloud environments, thereby addressing modern cybersecurity challenges. This acquisition is expected to close in the first quarter of 2025, pending customary closing conditions. The deal is crucial for Tenable as it plans to integrate Vulcan's technologies to expand third-party ecosystem data, improve AI-powered risk prioritization, and automate remediation processes, offering a comprehensive approach to managing cyber risks. The collaboration with Vulcan Cyber is positioned to allow Tenable to offer a full-spectrum view of the attack surface to its clients, enhancing the ability to prioritize vulnerabilities effectively and streamline security operations.