Rubrik, a prominent cloud data management company, is set to acquire Laminar, a cybersecurity specialist focusing on securing data across popular public cloud platforms like AWS, Azure, Google, and Snowflake. While the financial terms of the deal have not been officially disclosed, sources indicate that the acquisition is valued at around $200 to $250 million.
Laminar, known for its expertise in safeguarding data stored across diverse cloud environments, will serve as the foundation for Rubrik’s new cybersecurity R&D operation. The deal aims to enhance Rubrik’s offerings by bolstering its data security capabilities across public clouds.
Amid the ever-evolving threat landscape and the growing adoption of cloud technologies by businesses, cybersecurity has become a paramount concern. Laminar’s focus on securing data run and stored in cloud platforms complements Rubrik’s existing cloud data management solutions, enabling a more comprehensive approach to data protection.
Rubrik’s strategic move aligns with its evolution from a backup and data recovery provider to a proactive cybersecurity partner. The acquisition of Laminar is set to help Rubrik address the heightened demand for robust security measures as enterprises navigate the complex challenges of securing data across hybrid and multicloud environments.
The acquisition will allow Laminar to contribute its expertise in public cloud security posture management to Rubrik’s integrated portfolio. This alignment creates a more cohesive and streamlined approach to data management and security, potentially simplifying the procurement process for customers and improving overall cybersecurity posture.
The transaction reflects a broader trend in the technology industry, where companies are increasingly looking to acquire specialized cybersecurity firms to enhance their product offerings and address evolving security needs. As businesses continue to undergo digital transformation and rely more heavily on cloud infrastructure, robust data security solutions are becoming a critical requirement.
The acquisition of Laminar further cements Rubrik’s position as a player in the data management and cybersecurity space. It also underscores the importance of proactive security measures in safeguarding sensitive data and ensuring business continuity in an era of escalating cyber threats.
