Facebook snaps up server security start-up

After a year filled with news of government spying and massive cyber attacks, Facebook is stepping up its defenses.
The social network announced Thursday that it was acquiring cyber security start-up PrivateCore, which builds software to protect server data.
The California-based company was founded in 2012 by security experts formerly of Google and VMware. Joe Sullivan, Facebook’s chief security officer, said PrivateCore’s technology “protects servers from persistent malware, unauthorized physical access, and malicious hardware devices.”
PrivateCore CEO Oded Horovitz said the deal will give the companies “a huge opportunity to pursue our joint vision at scale with incredible impact.”
The companies didn’t disclose Facebook’s purchase price.
Credit: CNN