Infoblox Acquires Cyberthreat Intelligence Provider IID

Infoblox Inc. announced that it has acquired IID, a provider of global cyberthreat intelligence in a deal worth $45 million.  Based in Tacoma, Washington, IID collects cyber threat data from various sources including law-enforcement agencies, ISP's, and open-source providers to create a high-quality machine-readable threat intelligence that is used by commercial enterprises and US government agencies including the US Department of the Treasury.

Jesper Andersen, President and CEO of Infoblox comments: “By bringing together the deep and very rich threat intelligence from IID with the context and the central control point that Infoblox has in the network through our DDI services, we can deliver a unique value proposition to our customers and the partners that resell our products.  Infoblox and IID are also both committed to the emerging standards for automated sharing of threat intelligence information that will help extend our ecosystem.”

According to the investor presentation, IID had 2015 billings of approximately $10 million, all of it from subscriptions.  Interestingly, IID is projected to only add $1 to $2 million of revenue to Infoblox's fiscal year ending July 31, 2016 and will negatively impact non-GAAP operating income by $5 to $6 million.   FY2017 revenue is projected to be approximately $10 million and the acquisition is projected to become accretive on a non-GAAP basis by the third quarter of FY2017.