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Joint CEO Announcement

Joint CEO Announcement

Today, HUMAN and PerimeterX announced a market-changing merger. The two companies are coming together to safeguard media and enterprise customers from sophisticated bot attacks, fraud and account abuse. The respective CEOs, Tamer Hassan and Omri Iluz, sat down to share their personal perspectives on what this means to the market and to them.

When did discussions between the two companies start?

Tamer: It started back in Q4 2021. We were introduced by investors to have a conversation, and the relationship built from there. We quickly realized that our company culture, technology and the customers we serve are very complimentary and that we should be allies.

Omri: When Tamer and I first met last year, we immediately hit it off. We share the same vision and values and it was inspiring to see how the companies match and can support each other’s growth.

Why each other? Why does this make sense for your business, shareholders, employees and customers?

Omri: Coming together makes sense because we share a common vision and together we can deliver even greater value to our customers and shareholders. Bringing the two companies together allows us to combine modern defense with comprehensive account protection capabilities and to provide a richer set of products for customers and career experiences for employees as we work to turn the tables against cyber attackers.

Tamer: By combining the expertise of our mission-focused teams, our complementary technology, and industry-leading products, we have accelerated the capabilities of our HUMAN Defense Platform and are in a dominant position to protect our customers by disrupting the economics of cybercrime through modern defense (unparalleled internet visibility, network effect and disruptions). By increasing the cost to attackers and lowering the cost of collective defense, we are set on a clear path to become a company of consequence.

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*** This is a Security Bloggers Network syndicated blog from PerimeterX Blog authored by PerimeterX Blog. Read the original post at: https://www.perimeterx.com/resources/blog/2022/joint-ceo-announcement/