Close
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity

    Blue Coat to Acquire Security Company Permeo for $60M

    By
    Paul F. Roberts
    -
    January 3, 2006
    Share
    Facebook
    Twitter
    Linkedin

      Security appliance maker Blue Coat Systems Inc. said that it is buying Permeo Technologies Inc. of Austin for $60 million in cash and stock.

      The deal will add Permeos technology for protecting computer “end points” such as desktop and laptop computers to Blue Coats line of security “proxy” appliances that scan ingoing and outgoing network Web traffic for malicious code and sensitive information, said Steve Mullaney, vice president of worldwide marketing at Blue Coat.

      Blue Coat, which is based in Sunnyvale, Calif., will pay around $13.4 million in cash and $47.4 million in stock to acquire Permeo.

      The deal comes as more enterprises are looking for ways to secure computers used by remote and mobile workers, who are often beyond the reach of IT products that protect users on a corporate intranet, said Mullaney.

      /zimages/6/28571.gifFor advice on how to secure your network and applications, as well as the latest security news, visit Ziff Davis Internets Security IT Hub.

      “You have a boundary-less enterprise. Increasingly, the user is not on the inside, theyre on the outside, but accessing applications that are on the inside,” said Mullaney.

      Permeos Base5 is an SSL (Secure Sockets Layer) VPN appliance that uses a thin client in conjunction with a VPN appliance to give remote access to network applications like Microsoft Outlook and SAP.

      Base5 also has security features that protect against threats like keyloggers, worms and viruses and provides information controls that prevent sensitive data from being printed, copied or saved.

      Blue Coat plans to integrate Permeos technology into its ProxySG line of appliances, allowing the company to broaden its coverage beyond Web applications to internal enterprise applications, Mullaney said.

      “Its not just about Gee, theres spyware on my machine, its about host as well as data integrity and compliance with regulations,” he said. “People need to lock down their PCs to make sure that data is not lost.”

      Blue Coat expects the acquisition of Permeo to complete within 60 days.

      /zimages/6/28571.gifCheck out eWEEK.coms for the latest security news, reviews and analysis. And for insights on security coverage around the Web, take a look at eWEEK.com Security Center Editor Larry Seltzers Weblog.

      Paul F. Roberts
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×