Packetloop to expand following acquisition by Arbor Networks

Company will hire 12 more staff for Sydney office

Packetloop co-founder and CEO Scott Crane.

Packetloop co-founder and CEO Scott Crane.

Arbor Networks has acquired Australian security analytics firm Packetloop and is set to hire 12 new staff for a Sydney research and development centre.

Packetloop's co-founder and CEO, Scott Crane, told Computerworld Australia that the company currently has five staff.

“We will be hiring 12 additional R&D staff in 2013 with additional expansion planned for 2014. Positions include software developers, UI developers, DevOps, project managers and QA engineers,” he said.

According to Crane, the company will benefit from the scale and reach of Arbor Networks in terms of engineering investment as well as the ability to sell through Arbor’s global direct sales force and channel partners.

Arbor Networks acquired the privately held Packetloop for an undisclosed sum. There are no immediate plans to phase out the company’s product name and it is now referred to as Arbor Packetloop.

IDC US security products research manager John Grady said that adding a big data security analytics and forensics platform like Packetloop’s makes sense as Arbor Networks extends into the broader advanced threat market.

“Arbor now has a unique combination of packet capture and global threat intelligence from their ATLAS infrastructure to address today's dynamic threats that evade signature-based solutions,” he said in a statement.

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Tags security industryacquisitionsarbor networksPacketLoop

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