California-based TBD Networks was recently taken over by MetricStream, a company specializing in enterprise-wide governance, risk, compliance (GRC) and quality management solutions.
This acquisition also includes merging of TBD Networks’ vPanorama cloud GRC technology in to MetricStream IT-GRC solution. This new incorporation will help customers easily manage regulatory compliance, privacy requirements, security threats, vulnerability risks, and performance metrics across the entire spectrum of virtual assets in the cloud, as well as on-premise virtual infrastructure.
Shellye Archambeau, CEO of MetricStream, said that with the acquisition of vPanorama, MetricStream breaks new ground in IT security, risk, and compliance management and it even brings to market the only IT-GRC solution that enables the highest and most consistent level of assurance and control for both cloud infrastructure and on-premise systems.
“Companies need to relook at their IT-GRC strategies and incorporate cloud GRC so that they can confidently embrace virtual infrastructure, and fully harness the power of cloud computing. With the help of MetricStream, customers, for the first time, can get clear visibility into and exercise control over their compliance status and risk posture in the cloud," Archambeau added.
TBD Networks received help from VMware Technical Alliance Partner Program to develop vPanorama, and this solution has been a great strength to some of the world's largest virtual environments, including the U.S. Air Force's global network environment.
Thomas Ludwig, CEO of TBD Networks, said, "Virtualization and the cloud have fundamentally changed the overall model of IT governance, and significantly impacted security and risk.”
According to Ludwig, vPanorama is designed for this new paradigm, and augments the MetricStream IT-GRC solution, delivering a panoramic view and a fine-grained management framework for heterogeneous virtual environments.
As part of the acquisition, TBD Networks will team up with MetricStream for product innovation and R&D.
Edited by Brooke Neuman