Acquisition2022-09-14confirmed

SandboxAQ × Cryptosense SA

SandboxAQ, an enterprise SaaS company spun out of Alphabet, acquired Cryptosense, a Paris-based cybersecurity software firm. [46, 51] Cryptosense's technology analyzes software to create a complete map of all cryptographic assets and their usage, helping organizations manage their encryption and prepare for post-quantum cryptography (PQC). [51, 65] The acquisition accelerates the deployment of SandboxAQ's PQC solutions. [56] The price was not disclosed. [51]

Price paid
Not disclosed
Losing bid
Per unit
no meaningful ratio

The asset

A cybersecurity and encryption analysis software company whose platform provides a full inventory and analysis of how cryptography is used within an enterprise's applications. [46, 51]

The record

Seller status
Going concern
Sector
cybersecurity software
Modalities
software, security data
Jurisdiction
FR

What it means if you hold data

This deal focuses on the value of 'metadata' about data security. The asset being acquired is a tool that inventories and analyzes an organization's cryptographic data, highlighting the growing importance of managing and understanding data protection mechanisms at scale.

Sources