ATT is pulling out its wallet again.
The company said Tuesday it has signed a deal to acquire AlienVault, a software security company based in San Mateo, California, that specializes in detecting threats. The buyout will expand ATT’s security services to small and medium-sized companies.
“AlienVault’s expertise in threat intelligence will improve our ability to help organizations detect and respond to cybersecurity attacks,” Thaddeus Arroyo, CEO of ATT Business, said in a statement. “The current threat landscape has shifted this from a luxury for some, to a requirement for all.”
The deal comes amid continuing concerns over cyberattacks, with corporate giants from Yahoo to Equifax suffering devastating breaches that exposed people’s personal information over the past several years.
ATT has spent a fortune on acquisitions over the past month. Earlier in June,