Blue Coat second company to buy Crossbeam Systems in recent weeks
- 17 December, 2012 23:02
Blue Coat Systems Monday announced an agreement to acquire Crossbeam Systems for an undisclosed amount by year-end. This would mark the second time Crossbeam has been acquired in 2012, with private equity firm Thoma Bravo acquiring it just last month.
Blue Coat makes Web security and WAN optimization gear, and Crossbeam is known for its specialized high-end X-Series hardware that supports software of several third-party security vendors, including Check Point, McAfee, IBM, Imperva, Sophos and Trend Micro. Blue Coat President and COO David Murphy says there are no plans to change this security software support, and in fact Blue Coat will be looking at how to expand into other application areas, such as forensics and analysis.
The Crossbeam X-Series platform does not currently support Blue Coat security applications but that appears likely to change. Murphy says Blue Coat will continue to offer its traditional line of products in any event.
Murphy points out that Blue Coat has approximately 15,000 customers, while Crossbeam's number can be counted as "several hundred." Known Crossbeam customers are BT, Cell C, Motel 6, NTT Globe Telecom and Volkswagen. Blue Coat is interested tapping Crossbeam's telecom provider customers for more business once the acquisition is finalized.
As for Thomas Bravo flipping Crossbeam to Blue Coat just a month after buying the company, Murphy would only say that Blue Coat had long been interested in acquiring Crossbeam, but that it hadn't engaged in any bidding war earlier. Murphy says that investment firms can move quickly, and that it's viewed as positive that Thoma Bravo went through the acquisition process since a lot of necessary disclosures and vetting have just taken place. He declines to say how profitable this brief ownership of Crossbeam will have been for Thoma Bravo.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
Larry Page wants to see your medical records
Dual-Persona Smartphones Not a BYOD Panacea
After two-year hiatus, EFF accepts bitcoin donations again
CIOs struggle to deliver timely mobile business apps: survey
Spiceworks' free management software gets integrated MDM
Customer Success - Slater & Gordon Lawyers
Lawyers work hard, and they work fast. Any activity that takes their focus away from the task at hand represents lost productivity and lost revenue. Slater & Gordon Lawyers needed to filter spam and email-borne malware and provide high availability for email. Results from the business solution they chose include 250 hours of IT staff time reclaimed annually for other tasks, long delays in email delivery alleviated, reduced email-related storage costs, and email failover to the cloud in minutes, avoiding hours-long outages. Find out how they got these results.
Devising a Server Protection Strategy with Trend Micro
With so many Information Technology solutions available to choose from today, many organizations put their trust in the experience, insight and advice of Gartner, and their industry-leading analysts. Trend Micro’s portfolio of solutions meets and exceeds Gartner’s recommendations on how to devise a server protection strategy. Precisely how Trend Micro does it is detailed in this whitepaper. Read now.
Maximising productivity without sacrificing security
Advances in mobility and client computing technology combined with the ubiquity of the Internet and social media are creating a culture and desire for constant connectivity and anywhere access to information. As these trends extend from the home into the work place, IT managers should consider seriously the opportunities for increased productivity and communication with customers and constituents, as well as understand the increased security risks posed by online, anytime access to private networks and data. Read more.