Rapid7 acquires IntSights for ~$335M; Q2 ARR $489M, beats guidance

Rapid7, Inc.

Acquired IntSights for approx $335M in cash and stock; enhances external threat detection.
Preliminary Q2 2021 ARR of ~$489M, up 29% YoY.
Revenue and non-GAAP income from ops expected to exceed prior Q2 guidance.
IntSights' threat intel to be integrated into Rapid7's XDR platform InsightIDR.
Conference call on July 19 at 4:30 p.m. ET to discuss acquisition and results.

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