St. Bernard Buys Red Condor for Managed E-Mail 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."