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Facebook to acquire Internet security company PrivateCore

07
Aug
2014

Facebook Inc said on Thursday it will to acquire a company that helps protect the computers and data centers that power Internet services. Facebook did not disclose financial terms for the acquisition of PrivateCore, which was founded in 2011 and is based in Palo Alto, California. PrivateCore raised $2.25 million in funding in 2012 from Foundation Capital. Facebook, the worlds largest Internet social network with 1.32 billion monthly users, said that PrivateCores technology can validate and secure server data and can protect computer servers from persistent malware, unauthorized physical access, and malicious hardware devices. I’ve seen how much people care about the security of data they entrust to services like Facebook, Facebook Chief Security Officer Joe Sullivan wrote in a post on Facebook announcing the deal.

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