Yahoo! Finance: Code42, a Twin Cities' tech darling, acquired by Massachusetts-based cyber firm

Mimecast, a Massachusetts-based cyber-protection business, said the transaction will enhance its insider threat detection and response services. Terms of the deal were not disclosed.

"Unlike fragmented point solutions, Mimecast provides a connected approach that is engineered to offer complete visibility and strategic insight across customers' ecosystems, enabling intervention that helps them prevent costly incidents caused by insider risk and data exfiltration. Integrating leading solutions like Code42 broadens and deepens our proven security and human risk management capabilities," Mimecast CEO Marc van Zadelhoff said in a statement.