SecureData cuts itself a slice of big-data outfit Paterva

Security reseller acquires 25 per cent of South African firm's stock

Security outfit SecureData has bolstered its big data and analytics offering by taking a slice of South African software firm Paterva.

The big data firm's main product is its Maltego suite, which is a collection of software tools designed to allow users to extract and analyse large amounts of data.

SecureData has snapped up 25 per cent of the firm's ordinary stock in a move it claims propels it towards its goal of building up its services-focused IP assets.

Over the coming years, SecureData hopes to build the fledgling investment into a "more substantial partnership", it said.

SecureData's chief executive Etienne Greeff believes the Maltego products are set for big things.

"[Maltego] is a significant and growing contender in the intelligence and analytics space and likely to start taking significant market share over the next two years," he said.

"It is a highly regarded and popular platform used extensively in open-source intelligence gathering, infrastructure analysis for penetration testing, cyber-attack analysis, fraud detection and investigation, security intelligence, information security management and research."

The latest investment comes hot on the heels of SecureData's Sensepost buy, which closed at the start of this year.

Its earlier addition will become accredited as an approved Maltego service provider in a move SecureData says capitalises on their similar backgrounds.

"This partnership between SensePost and Paterva builds on the companies' shared roots and intellectual heritage and injects the broader SecureData group with an enviable body of intellectual property, human capital and information security skills and experience, making the group a formidable player in its space," the company said.