SafeNet Inc. has completed its acquisition of Rainbow Technologies Inc, which was announced in October last year and valued at over $450m. Shareholders voted in favour of the deal, issuing 11.1m shares of SafeNet (around 43% of the combined company) to Rainbow's shareholders.
SafeNet, a specialist in network security including VPNs and network encryption, has gained Rainbow's token, remote access and encryption technology as well as government contracts and penetration into the consumer market.
.jpg&h=140&w=231&c=1&s=0)
.jpg&h=140&w=231&c=1&s=0)
.jpg&h=140&w=231&c=1&s=0)
.jpg&h=140&w=231&c=1&s=0)
iTnews State of Data & AI Breakfast
Forrester's AI Forum Sydney
The 2026 iAwards
.jpg&w=120&c=1&s=0)
Integrate 2026
Security Exhibition & Conference
_(1).jpg&h=140&w=231&c=1&s=0)
