AccessData spins out Resolution1 Security to capitalise on growth in cybersecurity market

AccessData has announced that its cybersecurity business is to be spun out from AccessData into a freestanding company called Resolution1 Security. The change takes effect on 1 January 2015.

AccessData began as a forensic software company and has grown over the years, particularly recently, partly by expanding the forensics product range (with, for example, its Mobile Phone Examiner Plus MPE+ product), partly by expanding into the later stages of eDiscovery with the acquisition and subsequent redevelopment of Summation, and partly by building a cybersecurity business around its Resolution1 platform.

Cybersecurity is where much of the growth has been, and not just for AccessData. Risks multiply both in volume and in complexity, and no company can treat the management of cybersecurity risk as optional. As a free-standing company, Resolution1 Security will be more free to develop this business.

Digital forensics is always involved in incident response and there will be continued interoperability with AccessData’s tools. As you can see from the new website, the Resolution1 Platform includes an eDiscovery component as well as the cybersecurity one, and will be able to collect evidence for litigation as well as dealing with endpoint threats.

Some senior staff will move to the new company: Brian Karney will be CEO of Resolution1 Security; Craig Carpenter will be President and COO; Simon Whitburn will be EVP of Global Sales. The corporate headquarters will be in Menlo Park, California and there will be global offices in the UK, Germany, United Arab Emirates, Mexico, Singapore and China.

There is a press release about the changes here. Tim Leehealey, CEO of AccessData, has written an article called Exciting Times at AccessData which explains the rationale behind the move and the vision for the future of the AccessData business with its long-standing Forensic Toolkit (FTK), MPE+ and Summation. There will obviously be overlap between the offerings of the two companies.

It will be interesting to see how the two companies evolve both separately and in the areas in which their businesses overlap.

About Chris Dale

I have been an English solicitor since 1980. I run the e-Disclosure Information Project which collects and comments on information about electronic disclosure / eDiscovery and related subjects in the UK, the US, AsiaPac and elsewhere
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