Betrusted and TruSecure merge
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The merged company CyberTrust will service 4,000 clients worldwide and says it expects to have annual revenues of USD160 million. The firm will also employ 1,000 people globally, including 49 in Dublin in its identity management division.
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These three companies have the urge to merge -- which deals will be the ones to work out?
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The former plans to team up its intrusion prevention technology with the latter's vulnerability management software.
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Westbridge Technology announced that Partners Healthcare, a Boston-based clinical research center, has chosen the Westbridge XML Message Server (XMS) for end-to-end, HIPAA compliant security across their B2B partners.
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A Japanese firm pioneers a system to share fragrances over the internet.  Also: A Bollywood movie makes its debut on cell phones & hellip;. Merck smarting from Vioxx pull & hellip;. and more.
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(InfoWorld) - Managed security services companies SecureWorksÂ  and LURHQÂ Â have merged. The combined company is known as SecureWorks and is based in Atlanta. SecureWorks chief executive Mike Cote remains as chief executive officer (CEO) and former LURHQ CEO Tony Prince will be executive vice president responsible for product development. The companies sell consulting services to corporations that are looking for outside security expertise to help lock down their networks. SecureWorks is best known for managing intrusion prevention products, which protect the network from outside attacks. LURHQ is focused on monitoring internal threats with its Security Information and Event Monitoring service. The combined company has 1,500 clients and manages 5,000 security devices worldwide. "The markets and the technologies are very complementary," said Prince. Over the past few years, however, it has become increasingly difficult for smaller companies to compete in the security space as customers turn to larger vendors like AT&T Inc., VeriSign Inc. or IBM Corp. looking for more comprehensive products. Last month IBM announced plans to acquire SecureWorks competitor Internet Security Systems. Now, SecureWorks will have a better chance of competing, said Sandra Palumbo, a senior analyst with Yankee Group Research Inc. "They are competing in a pretty crowded market and in some cases size does matter," she said. "It definitely is a merger that makes a lot of sense." Only four positions are expected to be eliminated as a result of the deal, which closed Friday. The combined company now has about 200 employees, SecureWorks said. SecureWorks made headlines recently when one of its researchers, David Maynor, claimed to have found a way to take control of an MacBook by exploiting a flaw in a wireless card. In a video, Maynor and another security researcher named Jon Ellch demonstrated the hack using an undisclosed third-party wireless card, but claimed that Apple Computer Inc. was also affected by the vulnerability. An Apple spokeswoman later claimed that Maynor and Ellch had "not shared or demonstrated any code," relating to this flaw that was "relevant to the hardware and software that we ship." SecureWorks declined to comment further on the Apple matter.
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When solution providers look back on Symantec&#39;s acquisition of Veritas Software, they will likely remember it as the moment security and storage officially became joined at the hip.
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In announcing the merger, the companies said Cybertrust would fold the specialties of each company -- risk management and compliance from TruSecure, identity management from Betrusted and intrusion detection and prevention from Ubizen.
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RSA fully on board too EMC today finished off one security acquisition and then made another one.â¦
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Red Hat has expanded its Open Source portfolio through an agreement to acquire specific assets of Netscape Security Solutions, namely the Netscape Directory Server and the Netscape Certificate Management System, both part of the Netscape Enterprise Suite.
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Novell is consolidating operations in an effort to remove overlap between its four business units. The Waltham, Mass.-based software vendor is folding its Nterprise and SuSE Linux operations into a single
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Verizon intends to merge Cybertrust with its Business Managed Security Services group.
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Dupe, dupe, de-dupe The US and UK patent offices have agreed to share and recognise each other's patent examination reports under a new deal. The offices hope the deal could save significant application time for would-be patent holders.â¦
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Royal Dutch/Shell plans to end almost a century of tradition by merging its British and Dutch holding companies as it aims to restore investor confidence shaken by an oil reserves scandal.
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Two of the UK's largest life insurers, Friends Provident and Resolution, agree to merge in a deal worth Â£8bn.
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Patchwork quilt security Vulnerability management firm PatchLink has agreed a deal to acquire endpoint security firm SecureWave.â¦
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CA (Quote, Chart) has taken a renewed interest this week in network security with two additions to its eTrust portfolio. The company acquired spyware killer PestPatrol and launched a consulting practice to assist partners with Vulnerability Manager ...