Gridget > Secure Computing Buys Securify; VCs Take A Hit
[Voices] Secure Computing (SCUR) announced a deal this afternoon to acquire privately held Securify for $15 million, plus an earn-out of up to $5 million more. Secure can pay for the deal in cash, or at its choosing, partially in stock.
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[Techsted.com] Secure Computing Buys Securify; VCs Take A Hit: Secure Computing (SCUR) announced a deal this afternoon to acquire privately-held Securify for $15 million, plus an earn-out of up to $5 million more.
[iMiners M&A Feed] Secure Computing to Acquire Securify...: Investors are cautioned that theseforward-looking statements involve risks and uncertainties that couldcause actual results to differ materially from current expectations.For example, there can be no assurance that demand for SecureComputing's products will continue at current or greater levels, orthat the company will continue to grow revenues, or be profitable, orthat the company will be able to motivate and retain key employees,staff current and future projects in a cost-effective manner, oreffectively control its marketing, research, development andadministrative costs. There are also risks that the company's pursuitof providing network security technology might not be successful, orthat if successful, it will not materially enhance the company'sfinancial performance;
[Money Out Blog] Securify investors see red: on Wednesday said it would acquire Securify Inc., a provider of identity-based monitoring solutions, for $15 million, with a possible earn-out of another $5 million. Suffice it to say, it was not the .
[The Optrics Insider] Secure Computing to Acquire Securify: By monitoring network traffic against these policies and leveraging transparent integration with user directories including Microsoft Active Directory, Securify’s solution immediately identifies and alerts organizations to out-of-policy behavior in real time, whether accidental or intentional.
[Pe Hub News: PE Exits] Securify Sells for Cheap: This is consistent with Secure Computing's core firewall market, and will provide a significant opportunity to deliver complementary value across existing and future customers both domestically and internationally," said Buck French, chief executive officer at Securify. "By joining forces with Secure Computing and building upon their strength and expertise in the firewall market, we are uniquely positioned to deliver a true next-generation security solution to help customers control user access and behavior while complying with today's increasing audit and policy requirements."
[ebizq Summary RSS Feed] Secure Computing to Acquire Securify: This is consistent with Secure Computings core firewall market, and will provide a significant opportunity to deliver complementary value across existing and future customers both domestically and internationally, said Buck French, chief executive officer at Securify. By joining forces with Secure Computing and building upon their strength and expertise in the firewall market, we are uniquely positioned to deliver a true next-generation security solution to help customers control user access and behavior while complying with todays increasing audit and policy requirements.
[Great SEO Website] Secure Computing says Securify the Right Fit: Buying Securify lets Secure Computing keep up with changes in the business and technology environments. “As people extend their networks into IPv6 (define), and with the use of wireless, through the use of offsite contracting or outsourced employees, or by partnering with third party organizations with extranets, we have to evolve what we offer to meet their needs,”
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