Intrusion (INTZ) closed the VigilAigent acquisition, adding $3.5M in annual recurring revenue. The deal expands the company's managed security services and recurring revenue base.
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Intrusion (INTZ) completed the acquisition of VigilAigent, a managed security service provider, from Tego Cyber. The deal adds $3.5 million in annual recurring revenue.
VigilAigent delivers 24/7 threat monitoring, incident response, and compliance management for mid-market clients. For Intrusion, the transaction expands its recurring revenue stream and adds a services layer to its existing product suite, which includes the Intrusion Shield threat detection platform.
Intrusion, a publicly traded cybersecurity company based in Richardson, Texas, has been shifting toward subscription-based revenue. The VigilAigent acquisition accelerates that move by folding in a contracted ARR stream the company expects to recognize immediately. The purchase price was not disclosed.
The combined offering now covers both endpoint detection and managed security services, giving Intrusion a wider footprint in the competitive small-to-midsize business security market. The company plans to cross-sell VigilAigent services to its existing customer base while using the acquired technology to strengthen its own threat intelligence capabilities.
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