Secure Computing agrees to buy Securify |
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By SearchSecurity.com Staff
04 Sep 2008 | SearchSecurity.com |
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Secure Computing Corp. on Wednesday said it has agreed to buy Securify Inc., a maker of identity-based network monitoring appliances.
The purchase price, payable in cash or partially in shares of Secure Computing stock, is approximately $15 million plus an earn-out of up to $5 million. The deal is expected to close in the fourth quarter.
Cupertino, Calif.-based Securify makes appliances that track and control user access and behavior across networked systems. The devices integrate with user directories such as Microsoft Active Directory and issue alerts of access anomalies and policy violations. Securify's technology can also trigger automated blocking in routers, switches and firewalls, according to Secure Computing, a San Jose-based supplier of enterprise gateway security products.
Security Computing executives said the combination of Securify's technology and their company's Secure Firewall will provide a way for enterprises to analyze, report and automatically mitigate policy violations. Ultimately, the integration will define the next generation of firewalls, they said.
"Longer term, combining Securify's technology with Secure Firewall will allow us to deliver a unique, next-generation firewall that enforces business policy by enabling visibility and control over applications and user access, as opposed to the current paradigm of protocols and IP addresses," Secure Computing president and CEO Dan Ryan said in a prepared statement.
The merger is the latest in a continuing trend of consolidation in the information security market. Other deals this summer include McAfee Inc.'s acquisition of Reconnex Corp. for $46 million and Aladdin Knowledge Systems' purchase of Secure Computing's SafeWord product line for $65 million in cash. Also, Motorola Inc. moved to acquire wireless security firm AirDefense Inc. and UK-based antivirus vendor Sophos Plc. agreed to acquire mobile data protection company Utimaco Software AG.
In 2006, Secure Computing acquired messaging security company CipherTrust and bought rival CyberGuard in 2005.
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