Vulnerability management solutions vendor PatchLink’s acquisition of SecureWave SA, a provider of endpoint security products, has been agreed to in an all-stock merger.
The merger transaction is subject to the approval of SecureWave shareholders and is expected to be closed in the following weeks.
The acquisition follows closely on the heels of PatchLink’s February 2007 acquisition of Harris STAT.
Pat Clawson, chairman and CEO of PatchLink said the combination of SecureWave with PatchLink’s vulnerability management solutions, provide organisations with enterprise-wide policy management.
“This allows them to assess and prioritise vulnerabilities, proactively enforce application and device security policies and automatically patch and remediate vulnerabilities across their entire IT infrastructures,” he said.
As part of the agreement, Mangrove Capital Partners, an original investor in Skype and the primary shareholder in Securewave SA, will be given a seat on the PatchLink board of directors.
PatchLink to acquire SecureWave SA
By
Lilia Guan
on
Jun 27, 2007 1:30PM
Acquisition creates a combined global operations service with around 5,000 customers.
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
Promoted Content
How a 'micro data centre' enables your business, your way
Promoted Content
5 essential digital transformation ideas
Promoted Content
Security through visibility: supporting Essential Eight cyber mitigation strategies
Promoted Content
Vast majority of surveyed firms still rely on password authentication
Sponsored Whitepapers
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future
Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection
