Rapid7 announced it has signed a definitive agreement to acquire Noetic Cyber, a cyber asset attack surface management, or CAASM company. The addition of Noetic’s CAASM solution to Rapid7’s existing cybersecurity solutions will provide more visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud. Noetic Cyber was co-founded in 2019 by Paul Ayers, Allen Hadden, and Allen Rogers to empower security teams to command their attack surface. The acquisition of Noetic Cyber is expected to close during Rapid7’s fiscal third quarter and is not expected to have a material impact on the company’s 2024 annualized recurring revenue, or ARR. Following the close of the transaction, Rapid7 is expected to make Noetic Cyber capabilities available to its customers this summer.
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