The email security vendor will add 175 employees with the acquisition of 23-year-old Code42, the company says.

Email security vendor Mimecast will add 175 employees with the acquisition of longtime cybersecurity vendor Code42, the company announced Wednesday.

Mimecast did not disclose the terms of the acquisition. Joe Payne (pictured), Code42’s president and CEO since 2015, will not hold a full-time role with Mimecast but will remain involved with the company as an executive advisor.

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Founded in 2001, Code42 in recent years has focused on expanding its data protection platform, Incydr. Code42 recently disclosed enhancements to Incydr aimed at providing more-accurate detection of source code exfiltration, as a way to offer complete visibility around the movement of source code.

In a news release, Mimecast said the addition of Code42’s data loss prevention and insider threat management capabilities will allow the company to provide customers with “comprehensive visibility and strategic insight across the expanding attack surface.”

Code42’s technology will be integrated with Mimecast “over the coming months,” the company said in the release.

The 175 employees from Code42 will join Mimecast’s current staff of more than 2,000, the company told CRN.

Both companies were named to CRN’s Security 100 list for 2024.

The deal follows Mimecast’s acquisition of a smaller security vendor, Elevate Security, in January.