Skip to main content

Qualys

CybersecurityFounded 1999
Reviewed by Swet Parvadiya
Company data updated: February 2025

Acquisitions

Qualys Acquisitions

7

Major Deals Covered

What are Qualys's biggest acquisitions?

This page covers 7 major deals from 2017 to 2022, each with its price where disclosed and the reason behind it.

Major deals covered
7
First deal
2017
Most recent
2022
CompanyYearPricePurpose
Blue Hexagon2022UndisclosedIntegrate AI and deep learning behavioral threat detection into the Qualys Cloud Platform.
TotalCloud2021UndisclosedAcquire cloud workflow management and no-code automation platform technology.
Spell Security2020UndisclosedAcquire specialized endpoint detection and response (EDR) technology and threat hunting talent.
Adya2019UndisclosedAcquire software assets for SaaS application security posture management (SSPM) and shadow IT administration.
Layered Insight2018UndisclosedAcquire container-native security technology to provide runtime defense for Docker and Kubernetes.
1Mobility2018UndisclosedAcquire enterprise mobile device management (MDM) and security assets.
Nevis Networks2017UndisclosedAcquire passive network traffic inspection technology and domain engineering talent in Pune, India.
What companies has Qualys bought?
Major acquisitions by Qualys documented here include Blue Hexagon (2022), TotalCloud (2021), Spell Security (2020), Adya (2019) and Layered Insight (2018).
What is Qualys's most recent acquisition?
The most recent Qualys acquisition documented here is Blue Hexagon, in 2022.

Blue Hexagon

2022

Why

Integrate AI and deep learning behavioral threat detection into the Qualys Cloud Platform.

Impact

Infused real-time network threat defense and AI malware detection into TotalCloud and VMDR.

Outcome

Enhanced automated cloud detection capabilities and reduced dwell time for weaponized ransomware.

TotalCloud

2021

Why

Acquire cloud workflow management and no-code automation platform technology.

Impact

Served as the foundational workflow architecture for Qualys TotalCloud CNAPP.

Outcome

Enabled customers to visually build automated cloud security posture remediation workflows.

Spell Security

2020

Why

Acquire specialized endpoint detection and response (EDR) technology and threat hunting talent.

Impact

Bolstered Qualys Multi-Vector EDR with advanced telemetry, process monitoring, and threat hunting playbooks.

Outcome

Directly accelerated Qualys' native threat hunting and incident response capabilities.

Adya

2019

Why

Acquire software assets for SaaS application security posture management (SSPM) and shadow IT administration.

Impact

Allowed Qualys customers to discover and control unauthorized SaaS applications like Google Workspace and Microsoft 365.

Outcome

Integrated into Qualys' broader cloud security posture management offerings.

Layered Insight

2018

Why

Acquire container-native security technology to provide runtime defense for Docker and Kubernetes.

Impact

Extended Qualys vulnerability management into container images, container registries, and serverless environments.

Outcome

Established the cornerstone for Qualys Container Security and runtime defense.

1Mobility

2018

Why

Acquire enterprise mobile device management (MDM) and security assets.

Impact

Expanded asset inventory and compliance auditing across iOS and Android corporate devices.

Outcome

Incorporated into Qualys CyberSecurity Asset Management.

Nevis Networks

2017

Why

Acquire passive network traffic inspection technology and domain engineering talent in Pune, India.

Impact

Enabled Qualys to build its Network Passive Sensor, discovering unmanaged devices without active scanning.

Outcome

Formed the technological basis for Qualys Network Passive Sensor and CSAM discovery.

Qualys's Growth & Acquisition Strategy

Under CEO Sumedh Thakar, Qualys is pursuing four clear corporate growth pillars: (1) Scaling Qualys TruRisk Risk Quantification: Expanding TruRisk adoption to translate technical vulnerabilities into quantified monetary risk scores that corporate boards and CISOs can understand and prioritize; (2) Expanding Cloud-Native Patch Management: Driving adoption of integrated automated patch deployment, eliminating the traditional friction between security teams and IT operations; (3) Cybersecurity Asset Management (CSAM) Expansion: Enabling global enterprises to continuously discover unmanaged external-facing assets, IoT devices, and shadow cloud instances across complex hybrid environments; and (4) Strategic Global Alliances & MSSP Scaling: Deepening strategic relationships with Managed Security Service Providers (MSSPs) such as Infosys, HCL, and Accenture, who utilize Qualys as the underlying scanning engine for their global security practices.

How Qualys Makes Money

Qualys operates a pure-play multi-tenant cloud Software-as-a-Service (SaaS) subscription business model characterized by exceptional software gross margins, high operating profitability, and predictable annual recurring revenue: (1) Qualys Cloud Platform Subscriptions (~95% of revenue), billed annually in advance based on the number of monitored IT assets, IP addresses, web applications, and cloud workloads. Customers purchase access to modular cloud applications—including VMDR (Vulnerability Management, Detection, and Response), Policy Compliance, Cloud Security Assessment (CSAM), and File Integrity Monitoring; (2) Automated Patch Management Add-On (~5% of revenue), which monetizes native automated patch deployment directly from the Qualys Cloud Agent, allowing customers to remediate vulnerabilities without switching to separate endpoint management tools. Qualys generates stellar GAAP gross profit margins exceeding 80% and an extraordinary net profit margin of 27.1%, supported by an ultra-efficient multi-tenant server infrastructure.

Qualys Acquisitions FAQ

What is Qualys's general approach to M&A and acquisitions?

Qualys pursues a disciplined, strategic M&A approach focused on acquiring proprietary technologies, expanding customer distribution reach, and unlocking operational cost synergies rather than pursuing unselective scale.

What were some of the most transformative acquisitions completed by Qualys?

Transformative transactions in Qualys's history include pivotal mergers and acquisitions that secured key regional footprints, consolidated core market share, and brought proprietary software intellectual property in-house.

How does Qualys successfully integrate acquired companies?

Qualys deploys dedicated integration teams to harmonize core software stacks, align regulatory compliance systems, and unite company cultures while preserving entrepreneurial agility.

Does Qualys divest non-core corporate assets?

Yes, Qualys periodically evaluates its corporate portfolio, strategically divesting non-core or non-strategic assets to redeploy capital into high-margin core operational divisions.

Related M&A Histories

Compare corporate acquisition records, deal values, and strategic targets

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.