Security VAR SecureData has today announced the acquisition of 25 percent of stock in software developer, Paterva (Pty) Ltd, the South African company behind Maltego software.
The Maltego software suite is used for data mining, link analysis and data visualisation, giving the user the ability to extract large volumes of data from diverse sources and then analyse it to understand the patterns and relationships it reveals. These techniques are used to convert data into information by which to make decisions.
SecureData CEO Etienne Greeff believes that 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.
“This investment fits perfectly into the ‘Assess-Detect-Protect-Respond’ framework that drives the way we design, sell and deliver our services,” says Greeff. “It’s also perfectly aligned with our broader goal of building shareholder value by buying or building unique Intellectual Property assets that support our service offerings.”
SecureData’s security consultancy SensePost has been announced as the first Approved Maltego Service Provider (AMSP), and will deliver this exclusively in the UK and South Africa. It will be authorised to provide integration, consulting, support and training for the Maltego tools with full endorsement, support and assistance directly from Paterva.
The stake in Paterva is a minority investment only and the software firm’s operations will continue as before. Greeff points out, however, that SecureData does hope to build this fledgling investment into a more substantial partnership over the next two to three years.
