Irvine-based cybersecurity firm Netwrix will control a combined company it has formed with New Jersey-based counterpart Stealthbits Technologies Inc. Financial terms of the arrangement were not released.

While the two cybersecurity companies are calling the deal a merger, the Netwrix website said “the new combined company will be led by Netwrix CEO Steve Dickson.”

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“In the near term, both companies will continue to operate as separate, standalone brands with the exception that Stealthbits will be known as ‘Stealthbits, now part of Netwrix,’” according to a statement from Netwrix today.

The combined company is owned by private equity firm TA Associates of Boston.