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

 

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

Most Read Articles

Tasmanian gov agencies impacted by cyber attack

Tasmanian gov agencies impacted by cyber attack

Australian chief at US defence contractor L3Harris sold exploits to Russia

Australian chief at US defence contractor L3Harris sold exploits to Russia

Vic gov agencies flying blind on server security, audit finds

Vic gov agencies flying blind on server security, audit finds

Home Affairs streamlines risk vetting for gov tech suppliers

Home Affairs streamlines risk vetting for gov tech suppliers

Log In

  |  Forgot your password?