Information Security News mailing list archives

Secure Computing Agrees To Buy Gauntlet


From: InfoSec News <isn () c4i org>
Date: Thu, 14 Feb 2002 03:40:51 -0600 (CST)

http://www.crn.com/Sections/BreakingNews/BreakingNews.asp?ArticleID=33290

By Marcia Savage, CRN
San Jose, Calif.
12:03 PM EST Wed., Feb. 13, 2002 

Secure Computing will buy Network Associates' Gauntlet firewall and
VPN business, the companies said Wednesday.

Network Associates' Gauntlet customers will be transitioned to Secure
Computing, based here.

Under terms of the deal, Secure Computing, maker of the Sidewinder
Firewall, will acquire the Gauntlet firewall/VPN business assets,
including the software, the firewall E-ppliance product line, and
related customer-support contracts.

The purchase price was not disclosed. The deal is expected to close by
Feb. 22.

Santa Clara, Calif.-based Network Associates put its Gauntlet product
line up for sale last October when it dissolved its PGP Security
division as part of a corporate cost-cutting initiative.

In a statement, company executives said they sold Gauntlet to Secure
Computing after a search for a buyer that would ensure a "seamless
support transition" for customers.

Tim McGurran, president and COO at Secure Computing, said the company
looks forward to adding the more than 4,000 Gauntlet customers and 100
VARs to its customer roster.

"As a result of this acquisition, Secure will be the worldwide leader
in application-layer firewalls," he said in a prepared statement.

The Gauntlet firewall was developed by Trusted Information Systems,
which was acquired by Network Associates in 1998.



-
ISN is currently hosted by Attrition.org

To unsubscribe email majordomo () attrition org with 'unsubscribe isn' in the BODY
of the mail.


Current thread: