A ‘logic’-al pairing as Alert Logic reaches for Amorlogic

Posted by on February 22, 2012

Contact: Brenon Daly, Wendy Nather In its first-ever acquisition, Alert Logic said Wednesday that it will hand over an undisclosed amount of cash and stock for Armorlogic. The purchase will bring application-layer security to the Houston-based MSSP. Up to now, Alert Logic has built its business on just two products: Threat Manager (a combination of vulnerability [...]

Recent Blue Coat shareholders no longer in the red

Posted by on December 13, 2011

Contact: Brenon Daly Anyone who bought shares of Blue Coat Systems over the past half-year breathed a sigh of relief after the recent buyout of the old-line security vendor. Thoma Bravo’s bid of $25.81 for each share means that buyers since May are all above water. (The offer represents a 48% premium over the previous [...]

Securing a tweet

Posted by on November 29, 2011

Contact: Wendy Nather Whisper Systems has announced that it has been acquired by Twitter (appropriately enough, the news was tweeted). Terms of the acquisition were not disclosed, but given Whisper’s emphasis on Google Android security, we expect that the deal was as much about the brains behind the technology as it was about the tools [...]

HP takes itself out of the market

Posted by on November 22, 2011

Contact: Brenon Daly Over its two previous fiscal years, Hewlett-Packard has spent more than $20bn on a dozen acquisitions, with five of them costing the tech giant more than $1bn each. Those days are over, according to recently named CEO Meg Whitman. In her first conference call discussing quarterly financial results on Monday, Whitman told [...]

Big money, behind closed doors

Posted by on November 18, 2011

Contact: Brenon Daly Who needs to go public when there’s so much late-stage money sloshing around out there? That question hit us in the head this week after two startups announced, separately, that they were each raising $50m in new funding. First, it was marketing automation vendor Marketo saying it pulled in $50m in a [...]

And the next IT security IPO is…

Posted by on November 17, 2011

Contact: Brenon Daly From what we hear, investors won’t have to wait anywhere close to another two years for an IPO by an information security vendor. In fact, a pair of companies is set to put in their paperwork, with at least one prospectus possibly filed yet this year. Those offerings would follow last week’s [...]

Symantec gets the better end of a ‘win-win’ deal

Posted by on November 16, 2011

Contact: Brenon Daly When a marriage dissolves, it’s typically a messy process with bitter recriminations and resentments over how to divide the results of lives pooled together. Not so with Symantec’s step out of its three-and-a-half-year-old joint venture (JV) with Huawei. Selling its 49% stake in the storage and security appliance JV to its Chinese [...]

Imperva: the strong, silent type

Posted by on November 9, 2011

Contact: Brenon Daly As far as tech IPOs are concerned, the two latest offerings could hardly be more different. Last week, we had the debut of Groupon – the daily deals site that is either the next Amazon or the next Pets.com, depending on the point of view. The debate around Groupon raged loudly and [...]

Double-barrel SIEM deals

Posted by on October 5, 2011

Contact: Brenon Daly In a highly unusual twist of timing, both IBM and McAfee announced significant acquisitions of security event and incident management (SIEM) startups within hours of each other Tuesday morning. First up, IBM said it was adding Q1 Labs as part of a new initiative around ‘Security Intelligence.’ (The announcement confirmed the rumored [...]

Is Q1 the one for IBM?

Posted by on October 3, 2011

Contact: Brenon Daly, Andrew Hay Despite posturing for a public market debut for some time, we understand that Q1 Labs may instead be headed for a trade sale. IBM is reportedly set to acquire the fast-growing ESIM vendor in a deal to be announced this week. The price for Q1, which recorded sales of some [...]

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