Walder Wyss advises SpiderFoot on its sell to Intel471

Intel 471, a globally provider of cyber threat intelligence for leading intelligence, security and fraud, acquired SpiderFoot, a best-in-class provider of open-source intelligence, attack surface management and digital investigations. The terms of the deal were not disclosed.

The acquisition of SpiderFoot’s complementary threat intelligence solutions expands Intel 471’s leading cyber threat intelligence portfolio, further enabling Intel 471 to deliver unmatched cybersecurity insights to its global clients. Intel 471 will invest in enhancing SpiderFoot’s existing tools and plans to integrate SpiderFoot’s advanced capabilities into the TITAN platform over the coming months. Additionally, as part of the acquisition, SpiderFoot Founder, Steve Micallef, joins Intel 471 as Vice President of Attack Surface Technology.

SpiderFoot is an OSINT automation platform for threat intelligence operations and digital investigations. Available as open source on GitHub and as a commercial SaaS, SpiderFoot has been developed for over a decade, enabling threat intelligence and security teams to identify vulnerabilities and threats posed to their organizations.

Walder Wyss has advised the selling founder as lead counsel. The team was led by Boris Räber (managing associate, corporate/m&a, pictured) and further included Carmen Spichiger (associate, corporate/m&a), Fabienne Limacher (partner, tax), Ursina Gremminger (managing associate, tax), Vangelis Kalaitzidakis (associate, tax), Manuel Bigler (managing associate, IP/IT), Gustaf Heintz (associate, employment). A team from TGS Baltics lead by Mirko Kikkamägi and Kadri Kallas has advised on all Estonian law governed aspects of the transaction.