Anil Karmel and Robbie Robbins
One year after its founding, Tysons Corner, Virginia-based company RegScale has just made its first M&A move.
RegScale announced Tuesday that it acquired Arlington, Virginia’s GovReady, a fellow compliance tech company that works in open source and compliance-as-code. Terms of the deal were not released. The company is headquartered in Virginia and has an R&D office in Knoxville, Tennessee.
With the merger, RegScale said it will be a leading OSCAL-enabled tech platform. OSCAL, a formatting set in XML, JSON and YAML, makes control catalogs, baselines, system security and assessment plans into machine-readable representations. RegScale and GovReady currently both use the technology as a foundation for their platforms.
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