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Tag: market

  • 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.…

  • Yahoo! searchers to get McAfee site advice

    SiteAdvisor data to help check security of search results. Search engine giant Yahoo! has announced a deal with McAfee to incorporate site security ratings from the firm’s SiteAdvisor system into search results. The deal will see Yahoo! searches accompanied by warnings if links are turned up to sites that are known to be suspect. Like…

  • Trend Micro buys email encryption firm

    UK company taken over by security giant. Global security superpower Trend Micro has invested in a small email encryption firm based in Bristol, UK. The company, Identum , emerged from Bristol University’s cryptography department five years ago, and markets an AES-based encryption software under the name Private Post , using public keys generated from a…

  • Sophos announces plans to float

    Listing on London Stock Exchange expected soon. The long-anticipated floatation of Sophos , one of the biggest privately owned security firms, has been announced this week, with the firm planning to list on the London Stock Exchange. The company, which was set up in 1985 and released its first virus scanner in 1989, is currently…

  • Symantec joins data leak frenzy

    Vontu purchase latest move in data protection trend. Symantec has announced the $350 million purchase of data leak prevention firm Vontu , following several similar moves by major security players in recent months. San Francisco-based Vontu claims 1 in 4 Fortune 100 companies as customers for its range of data protection solutions, which will be…

  • McAfee acquires website trust mark firm

    ScanAlert certification system bought for $51 million. McAfee has bought ScanAlert , the firm behind the ‘Hacker Safe’ trust mark logo, carried by some 75,000 websites to indicate safe practices and freedom from malware and spamming. The technology will be added to McAfee ‘s SiteAdvisor safe browsing system. In a deal worth $51 million in…

  • Trend Micro invests in leak-prevention firm

    Further data security added to portfolio. Security giant Trend Micro has acquired California-based data leak prevention specialist Provilla , to add its data protection technologies to the Trend range. Provilla ‘s software range, including its LeakProof and LeakSense leak prevention and monitoring tools, will continue to be sold and supported for the foreseeable future, and…

  • McAfee invests in encryption firm

    SafeBoot acquired for $350 million. McAfee has announced the acquisition of encryption and device control specialist SafeBoot , which produces a range of security products for PCs and mobile devices. The privately-owned firm was bought in a cash deal worth $350 million. SafeBoot is a well-established company, set up in 1991, with a global customer…

  • Smaller vendors question rumours of impending doom

    Experts deny claims that flood of threats gives bigger firms advantage. High levels of new malware, emerging at an ever-increasing rate, may mean smaller security firms will no longer be able to keep up with their larger rivals, according to an analyst with market research firm Gartner . However, the suggestion that malware detection is…