Secure Computing is set to buy CyberGuard for $295m
(£173.5m) to strengthen its unified threat management
technologies.
John McNulty, Secure Computing chief executive officer, said,
“This transaction better positions Secure Computing in two of the
fastest growing markets of the security industry.
“By combining the companies Secure Computing will be the leader
in the unified threat management market, the fastest growing
segment of the IT security market.”
McNulty said the acquisition will also expand the company’s
presence in the secure content management, making the firm a
leading player in the Web filtering market with around 21m licensed
seats.