St. Bernard Software's acquisition of fellow security vendor Red Condor extends St. Bernard's hybrid approach to security.
St. Bernard Software has acquired Red Condor for its managed e-mail
security business.
The buy is meant to help expand St. Bernard's focus, which has traditionally
been on serving small and midsize enterprises with appliances, software and
hosted solutions. The acquisition was made for an undisclosed sum, and is meant
to combine Red Condor's e-mail security offering with St. Bernard's mix of
on-premises and in-the-cloud security.
"This acquisition milestone is a truly exciting time for both St.
Bernard and Red Condor, as it creates great opportunities for growth with our
shared
hybrid security vision," Lou Ryan, CEO
of St. Bernard, said in a statement. "The strategic match we have found in
Red Condor establishes greater breadth and depth in our hosted, hybrid and
on-premises options, and increases the overall value to our customers and
partners."
Founded in 2004, Red Condor has roughly 35 employees. The existing St.
Bernard management team will be augmented with members from the Red Condor
team. The acquisition brings more than 1,900 new customers to St. Bernard, as
well as Red Condor's ISP and MSP (managed service provider) partner network,
St. Bernard noted.
"Red Condor is widely recognized for the simplicity and scalability of
its unique hybrid offerings," Ryan added. "The Red Condor platform
and the vision behind it dovetail perfectly with St. Bernard's primary
technology offering and [reinforce] our key attributes of value, simplicity and
performance."
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