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IID co-founders. Photos via IID.
IID co-founders Lars Harvey and Rod Rasmussen. Photos via IID.

Publicly-traded network services company Infoblox today announced a $45 million acquisition of Tacoma-based cybersecurity company IID.

The deal will help Bay Area-based Infoblox expand its product offering to include IID’s services that have helped organizations mitigate cyberattacks for the past 19 years.

“For a long time, we have worked with organizations that struggle to make threat intelligence operational,” IID co-founder and CEO Lars Harvey wrote in a blog post. “This struggle has often been related to making actionable data integrate directly into the devices on their network. The combination of IID with Infoblox integrates all of the pieces together in one package and enables the enterprise to go from threat discovery to enforcement and mitigation in seconds.”

Infoblox color logoInfoblox helps clients manage their DNS, DHCP, and IP addresses and alerts them of suspicious activity. With IID’s platform, the company will be able to offer security that is more context-aware.

“By bringing together the deep and very rich threat intelligence from IID with the context and the central control point that Infoblox has in the network through our DDI services, we can deliver a unique value proposition to our customers and the partners that resell our products,” Infoblox CEO Jesper Andersen said in a statement.

The two companies are already familiar with each other, having partnered last year for a quarterly report called the Infoblox DNS Threat Index.

Harvey and fellow co-founder Rod Rasmussen will join Infoblox’s management team and most of the 65 IID employees will now work for Infoblox, which will keep the existing Tacoma office. IID, which raised an $8 million venture round in 2013, said it will continue working with existing customers like Microsoft and the U.S. Department of the Treasury.

“Joining with Infoblox will allow us to continue making our offering stronger while impacting an even larger set of customers, helping them make the Internet a safer environment as well,” Harvey wrote in a blog post.

Shares of Infoblox are down 22 percent over the past year. The 17-year-old company, which IPO’d in 2012 at $16 per share, has a market capitalization of just under $850 million.

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