Citrix Buys App Security Specialist Teros
Citrix Systems continued its investment in application delivery technology last week, announcing the purchase of privately held Teros, a maker of Web application firewall technology. Terms of the deal were not disclosed.
Citrix plans to use Teros Web application security technology along with application delivery software it acquired with NetScaler in June. The acquisition is part of a drive by Citrix to diversify beyond the companys traditional strength in application virtualization technology.
Teros was a leader in the niche market for Web application firewalls, which monitor traffic to and from Web servers and allow organizations to block attacks that slip by traditional network security technology.
Enterasys Goes Private
Enterasys networks, a maker of secure networking gear, last week announced plans to be acquired by two private investment companies for $386 million in cash.
Enterasys Networks, a maker of secure networking gear, last week announced plans to be acquired by two private investment companies for $386 million in cash. The Gores Group and Tennenbaum Capital Partners will pay $13.92 for each outstanding share of Enterasys common stock, turning the company back into a private enterprise after it reported lackluster performance recently.
Enterasys plans to use the backing of investors to capture new market opportunities and return the company to profitability, according to a statement attributed to Enterasys CEO Mark Aslett.