Mimecast is a very interesting company. MIME. I first found them after some college students did a graduation thesis on the name... Some smarty pants kids at some Ivy league business school they pick companies to profile and this was when the name was coming to the market as an IPO and al this fun stuff was in the $35-$45 range and Covid came and Bam. $49 turned into into $27. It seemed these guys were on their way.
Now back to $46 but this is a young $46 not like these co's that are back to their old highs when everything was accounted for these guys were just ascending... I think there's more room for them to fly.
They made a purchase today which at first to my eyes made no sense. MIME buys Massage Control. And it is a stressful market so it made some sense the massages... but then I saw it was Message Control...
Acquisition Bolsters Machine Learning and Graph Technology to Increase Efficacy in the Fight Against Advanced Phishing and Impersonation Attacks"
Mimecast Limited(NASDAQ: MIME), a leading email and data security company, today announced it has acquired eTorch Inc. (d/b/a MessageControl), a messaging security provider with solutions designed to help stop social engineering and human identity attacks with the use of machine learning technology. The acquisition of MessageControl strengthens Mimecast’s Email Security 3.0 strategy that is designed to improve cybersecurity at the email perimeter, inside the organization and beyond the perimeter. The powerful combination of Mimecast and MessageControl is engineered to provide customers using productivity apps, such as Microsoft 365®, even stronger protection against advanced phishing and impersonation attacks. Additionally, it is designed to prevent the inadvertent loss of sensitive and confidential data, while also serving as an additional sensor to further enrich Mimecast’s threat intelligence.
The addition of MessageControl brings the following key capabilities:
MIME $46 .... Adding to watch list...
Now back to $46 but this is a young $46 not like these co's that are back to their old highs when everything was accounted for these guys were just ascending... I think there's more room for them to fly.
They made a purchase today which at first to my eyes made no sense. MIME buys Massage Control. And it is a stressful market so it made some sense the massages... but then I saw it was Message Control...
Acquisition Bolsters Machine Learning and Graph Technology to Increase Efficacy in the Fight Against Advanced Phishing and Impersonation Attacks"
Mimecast Limited(NASDAQ: MIME), a leading email and data security company, today announced it has acquired eTorch Inc. (d/b/a MessageControl), a messaging security provider with solutions designed to help stop social engineering and human identity attacks with the use of machine learning technology. The acquisition of MessageControl strengthens Mimecast’s Email Security 3.0 strategy that is designed to improve cybersecurity at the email perimeter, inside the organization and beyond the perimeter. The powerful combination of Mimecast and MessageControl is engineered to provide customers using productivity apps, such as Microsoft 365®, even stronger protection against advanced phishing and impersonation attacks. Additionally, it is designed to prevent the inadvertent loss of sensitive and confidential data, while also serving as an additional sensor to further enrich Mimecast’s threat intelligence.
The addition of MessageControl brings the following key capabilities:
- Machine learning identification of anomalous behaviors.MessageControl’s graph technology is engineered to inspect email attributes and content and then apply machine learning to build a library of known and unknown patterns for an individual user. The technology is designed to get smarter over time and has the ability to make real time decisions on 1 billion plus unique user behavior data points.
MIME $46 .... Adding to watch list...
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