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Facebook Buys PrivateCore for Server Security

Mitch Wagner
8/7/2014
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Facebook plans to beef up its own server security by acquiring PrivateCore, which develops software to validate and secure server data.

The two-year-old Palo Alto company specializes in securing servers for the cloud, with support for OpenStack and Puppet.

PrivateCore's vCage technology "protects servers from persistent malware, unauthorized physical access, and malicious hardware devices, making it safer to run any application in outsourced, hosted, or cloud environments," Facebook 's Chief Security Officer Joe Sullivan wrote in a post on the social network Thursday, adding, "The team at PrivateCore is also made up of top-notch security veterans with a lot of experience."


Get the latest news, analysis, and insight on mobile security and subscriber data privacy on Light Reading's mobile security channel.


Oded Horovitz, PrivateCore CEO and co-founder, said in an announcement on the company website, "Facebook has done more than any company to connect the world, and we want to use our secure server technology to help make the world's connections more secure."

Source: Nopple
Source: Nopple

Horovitz's resume includes stints at VMware, McAfee, Entercept and the Israeli Defense Force. Co-founder Steve Weis was previously a technical director at AppDirect and a senior engineer at Google, where he says he led the design of two-step verification.

PrivateCore is funded by Foundation Capital. Facebook's stock was up slightly, 0.97%, to $73.17 on Thursday afternoon after the acquisition was announced.

— Mitch Wagner, Circle me on Google+Follow me on TwitterVisit my LinkedIn profileFollow me on Facebook, West Coast Bureau Chief, Light Reading. Got a tip about SDN or NFV? Send it to wagner@lightreading.com.

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DHagar
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DHagar,
User Rank: Light Sabre
8/8/2014 | 8:44:19 PM
Re: Facebook Buys PrivateCore for Server Security
@FakeMitchWagner, that is a smart move.  I have always believed this has been a potential weak area for Facebook.  This can go a long way to supporting their growth and maintaining trust - an essential element today.

 
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