Security firms TruSecure and Betrusted to merge
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com September 20, 2004, 2:46 PM PT. Most IT Managers won&#39;t question the importance of security, but this priority has been sliding between the third and fourth most important focus for companies.
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Symantec Corp. on Thursday announced that is acquiring @stake Inc., perhaps the most well-known security consulting firm in the industry, for an undisclosed sum.
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Anti-virus specialist Symantec (Quote, Chart) late Thursday announced a deal to acquire privately held security consulting firm @Stake.
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Computer Associates has signed an agreement to purchase Netegrity, a provider of security software, in a deal valued at approximately $430 million.
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SEPTEMBER 27, 2004  - Betrusted Holdings Inc. in New York and TruSecure Corp. in Herndon, Va., last week said they&#39;re merging to form a single IT security services vendor.
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Executives told The New York Times the two companies may be set to merge.
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Computer Associates has signed a definitive agreement to acquire Netegrity -- a provider of security software solutions, in an all cash merger valued at approximately $430 million.
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Company is readying security software or cell phones and handheld devices.
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Underscoring the convergence of security and storage software technology, Symantec Corp. and Veritas Software Corp. confirmed rumors when they announced Thursday that Symantec had agreed to acquire Veritas
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Despite earlier tussle, the two companies announce joint participation in a forum aimed at promoting security best practices.
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Herndon-based information technology security company TrueSecure is merging with New York-based Betrusted Holdings, creating what the companies say is the largest privately held IT security company with $160 million in annual revenue.
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Enterprise IT security consultants TruSecure and BeTrusted have merged to form a standalone managed services firm called CyberTrust.
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Deal will merge antivirus vendor with maker of backup and archiving software.
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Consolidation in the security sector continued last week as three firms planned a merger to form a new security giant offering global services.
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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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These merging companies will sop up savings, but will they keep their customers?
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Rumors are swirling that the companies will join forces in storage. It makes more sense than the alternatives, observers say.