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Cybersecurity

Goldman Sells In-House Cybersecurity Software to Tech Company

  • Product combines threat intelligence and investigation
  • Goldman will get equity stake in LookingGlass Cyber Solutions

Goldman Sachs Group Inc. is selling cybersecurity software it developed to a company that specializes in that market in exchange for an equity stake.

LookingGlass Cyber Solutions will buy the Sentinel platform from Goldman Sachs, according to executives at both companies. The software combines intelligence -- gathering data on potential threats -- with investigation of possible breaches, a combination that makes it attractive to other financial institutions, the executives said, declining to provide more details on the terms of the transaction.