Tumbleweed acquires anti-spam appliance vendor

By
Follow google news

Security messaging firm Tumbleweed has paid out $38.5 million for anti-spam firm Corvigo.

The deal will give Tumbleweed the rights to Corvigo's technology and access to more than 20 distributors across the US.

Corvigo is best known for its Linux-based anti-spam appliances, which Tumbleweed said would add to its range of secure internet messaging applications.

Under the deal, Tumbleweed will paid $3 million in cash and issued 4.7 million shares to acquire the Palo Alto-based company.

www.tumbleweed.com

 

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

Node2Shell flaw embedded in apps and dev tools far beyond Node.js

Node2Shell flaw embedded in apps and dev tools far beyond Node.js

Fixes for Google Brotli flaw arrive for Microsoft .NET, PHP and Linux

Fixes for Google Brotli flaw arrive for Microsoft .NET, PHP and Linux

Apple rains on MIE-bypassing iPhone jailbreak parade with iOS update

Apple rains on MIE-bypassing iPhone jailbreak parade with iOS update

Parliamentary Information and Cyber Resilience upgrade has $40m budget

Parliamentary Information and Cyber Resilience upgrade has $40m budget

Log In

  |  Forgot your password?