NSEIT acquires cyber security company Aujas

NSEIT, the IT services focused subsidiary of the National Stock Exchange has acquired Aujas Networks Ltd., a company which provides information security consulting and IT risk management services.

Founded in 2008, Aujas has operations in India, the Middle East and North America. It employs about 400 cyber security professionals and has over 390 customers globally. The service portfolio includes information risk advisory, identity & access management, threat management and security analytics.

NSEIT currently provides technology solutions across industries such as capital markets, financial markets, banking and insurance. It also provides services relating to algorithmic trading (ultralow latency system), order management system exchange connectivity, Pre-trade and post-trade risk management, regulatory and compliance management, surveillance, exchange adapters, exchange simulator, and mobile trading.

According to data from Crunchbase, Aujas has raised $11 million since 2008 from a slew of early stage venture capital funds in India, including Chiratae Ventures (then known as IDG Ventures), IvyCap Ventures and Rajasthan Venture Capital fund. Aujas last raised $5.4 million from the 3 investors in 2013.

Cisco to buy cyber security firm Duo

Cisco systems Inc. will buy Duo Security, a venture capital backed cyber security company for $2.5 Billion in cash, as it seeks to expand its offerings in cloud computing.

The deal is the biggest acquisition for Cisco since its $3.7 billion purchase of business performance monitoring software company AppDynamics last year, and it’s largest in the cyber security sector since its $2.7 billion takeover of Sourcefire in 2013.

Duo’s platform allows users to verify their identity with a two-step authentication and its investors include Index Ventures, Workday, Redpoint Ventures and True Ventures. Cisco, the world’s largest networking gear maker, has been making efforts to transform itself into a software-focused company.

With its traditional business of making switches and routers struggling, Cisco has been focusing on high-growth areas such as security, the Internet of Things and cloud computing.

Google Buys Impermium

Impermium is a cyber security startup based company in Redwood City, California, which provides anti-spam and account protection services for internet web sites. Mark Risher, Vishwanath Ramarao, and Naveen Jamal, who met while managing the Anti-spam systems for Yahoo Mail, founded the company in 2010. The startup is a security firm that builds products for websites that deals with cyber security.

Impermium had earlier received $9 Million in funding from a host of venture firms including Accel partners, AOL ventures, Charles River Ventures, and Highland Capital Partners. The company says it has 300,000 clients, including CNN, Tumblr, Pinterest, ESPN, Typepad, and Washington Post. This is Google third acquisition at the start of the year with previous deals including smart thermostat maker, Nest and developer of Timely Alarm Clock, Bitspin.

Google was last seen purchasing smart phone startup Nest for $3.2 Billion, the amount which Google had paying completely in cash. The company is best known for its products like Nest Learning Thermostat and Protect Smoke detector. Facebook had recently purchased its very first Indian Startup, Little Eye Labs. The company officially announced it had been taken over earlier this month. Little Eye Labs essentially creates tools to help mobile app developers to optimize their products performance. Whether for the technology or the talent the interest of big Internet giants in Indian startups is great news for the local startup community.