IT infrastructure management technology developer Kaseya on Wednesday unveiled the acquisition of RapidFire Tools, developer of a suite of IT assessment, threat detection, and compliance tools.
Ireland-based Kaseya plans to integrate the security and compliance tools of RapidFire Tools into its MSP-focused IT Complete suite of management solutions. Even so, RapidFire Tools will continue as an independent, standalone business unit.
RapidFire Tools' suite of tools include Audit Guru, which provides compliance automation, documentation, and deployment; Network Detective, which offers MSPs network and security assessment capabilities; and Cyber Hawk continuous cybersecurity threat detection and alerts.
Despite the integration with Kaseya's IT Complete suite, RapidFire Tools technology is slated to remain an open platform where, like other Kaseya acquisitions, it will continue to integrate with other MSP-focused vendors, including Kaseya competitors, the company said.
RapidFire Tools is Kaseya's second big acquisition for 2018. The company in May acquired Unitrends, a data protection and data management technology developer, and made it a part of the Kaseya management platform.
A source close to Kaseya told CRN USA that the two companies have been talking about a potential acquisition for about nine months. During that time, the two also collaborated on developing a new offering, Kaseya Compliance Manager (KCM).
KCM, also unveiled Wednesday, is a comprehensive compliance management offering that is fully integrated with the Kaseya IT Complete platform and Virtual Systems Administrator, and helps MSPs and internal IT organisations monitor and manage compliance for such regulations and requirements as GDPR, HIPAA, PCI, and more.
Kaseya and RapidFire Tools executives were unavailable to provide more information to CRN USA by press time.
However, Kaseya CEO Fred Voccola in a prepared statement called the acquisition of RapidFire Tools a strategic win for Kaseya and its customers.
"With this acquisition, and the integration of RapidFire Tools’ compliance solutions into the IT Complete suite, we are now able to offer our MSPs a solution for them to build a compliance managed service offering, ensuring that a Kaseya MSP offers their customers the most complete solution possible," Voccola said in the statement.