Tag: acquistion

  • McAfee buys data loss firm Reconnex

    $46 million acquisition announced as strong profit report released. McAfee has announced its official agreement to purchase privately owned data loss prevention firm Reconnex , in a deal worth $46 million. The move should strengthen McAfee ‘s position in the field, where the firm already has several solutions available. Reconnex specialises in appliance-based DLP solutions,…

  • Sophos makes move to buy Utimaco

    €217 million bid launched for encryption specialist. Security light-heavyweight Sophos has issued official notice of its intention to buy German encryption firm Utimaco , in a share deal worth €217 million (over $340 million US). Utimaco produces a range of encryption products under the brand name SafeGuard , including solutions for protecting data on disk…

  • Sourcefire turns down $186 million takeover bid

    Unsolicited offer from Barracuda Networks rejected. Sourcefire , the open source specialists behind the popular Snort intrusion prevention system and backer of the ClamAV open-source anti-malware project, has announced that it has rejected an unexpected takeover bid from anti-spam appliance specialist Barracuda Networks , claiming the rumoured $186 million offer ‘substantially undervalues’ the company’s worth.…