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.
_(33).jpg&h=140&w=231&c=1&s=0)
_(36).jpg&h=140&w=231&c=1&s=0)
Cyber Resilience Summit
iTnews Executive Retreat - Security Leaders Edition
Huntress + Eftsure Virtual Event -Fighting A New Frontier of Cyber-Fraud: How Leaders Can Work Together
iTnews Cloud Covered Breakfast Summit
Live & Hands On Demo: Navigating the BMC AMI DevX Platform to Understand Code Faster Using AI
.jpg&h=271&w=480&c=1&s=1)
_(1).jpg&h=140&w=231&c=1&s=0)
