Digital Evolution Buys Flamenco Networks
The Web services provider acquires Flamenco in a move to cement its position in the field of SOA security and management software.Digital Evolution Inc., a provider of Web services security and management software, acquired Flamenco Networks Inc., a provider of specialized network infrastructure to enterprises building secure, service-oriented architectures, in a deal announced Monday. All Flamenco Networks products and solutions now belong to Santa Monica, Calif.-based Digital Evolution. Flamenco will maintain offices in Atlanta, with all product research and development proceeding as planned. Terms of the deal were not disclosed.
In a statement, Paul Gigg, Digital Evolutions president and CEO, said, "We believe that this acquisition puts us in a category well ahead of the competition and is clear evidence of our intent to consolidate our leadership position in the field of SOA security and management software. The addition of Flamenco Networks technology strengthens the Digital Evolution product portfolio and allows us to offer the most comprehensive Web services security and management solution available for enterprises today."