Mergers and Acquisitions

PDQ Unveils Vulnerability Solution After CODA Intelligence Acquisition

IT asset management software provider PDQ has unveiled its new PDQ Detect vulnerability scanning and management solution. The rollout follows PDQ’s acquisition of next-gen cybersecurity solutions provider CODA Intelligence.

While financial terms of that deal were not disclosed, PDQ says it leveraged CODA’s threat detection expertise to broaden its suite of asset management tools. In fact, over the past several months, the PDQ and CODA teams have collaborated closely to build PDQ Detect, the companies said.

This was technology M&A deal number 91 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.

PDQ, founded in 2001, is based in Salt Lake City, Utah. The company has 212 employees listed on LinkedIn. PDQ’s areas of expertise include hardware, software, and configuration data for Windows- and Apple-based devices.

CODA Intelligence, founded in 2016, is based in Nashua, New Hampshire. The company has 11 employees listed on LinkedIn. Coda’s areas of expertise include proactive cybersecurity, IT security risk management, software development, SMB security, MSP, vulnerability management, asset management, patch prioritization, and SaaS.

Leveraging CODA’s Expertise: Leadership Insight

Mark Littlefield, VP of product, PDQ, commented:

“Making device management secure has always been core to PDQ’s product strategy, and we’re excited to deliver on that promise in new ways thanks to our collaboration with CODA. Looking ahead, we are excited to leverage CODA’s cybersecurity expertise to further enhance our suite of device management tools, including PDQ Connect, with features that address the full spectrum of potential vulnerabilities.”

Chris Sandescu, CEO, CODA, said:

“We’re thrilled to join forces with the PDQ team. The need for real-time, quality risk information is critical for IT, MSPs, and security teams, especially now as they face increasingly sophisticated cyber threats. Partnering with PDQ will allow us to advance our shared mission of enabling organizations of all sizes to maintain a strong security posture.”

Sandescu founded CODA alongside Andrew Calin and Octavian Grigorescu.