21 May 2002 - Sophos has announced that TA Associates, one of the leading private equity and buyout firms in the United States, has completed a minority investment of L41 million (US$60 million) in the company. Two TA Associates senior executives have been appointed, one to the Sophos Plc board in the UK and the other to the board of Sophos Americas - which will also help drive the company's continued activities in the US market.
Dr. Peter Lammer, co-founder and joint CEO of Sophos said: "We decided to partner with TA because of its deep software investment experience, extensive network of contacts and expertise in helping companies grow their business in the vital US market. TA's investment should enable us to capitalise further on the worldwide growth in demand for anti-virus protection by helping us gain market share in the largest market in the world."
Press release: http://www.net-security.org/press.php?id=793
21 May 2002 - Secure Computing Corporation announced that it has acquired the intellectual property and customer base of FiPass, an authentication management and identity verification service, from FiPoint, Inc.
Willy Leichter, director, product marketing at Secure Computing - "FiPass' managed authentication service extends two-factor authentication to the consumer market. This acquisition builds upon our SafeWord technology and increases our expertise in managed security services for the enterprise."
Press release: http://www.net-security.org/press.php?id=794
21 May 2002 - Trend Micro, Inc. launched its Enterprise Protection Strategy which manages the explosive costs of virus outbreaks, helps to quarantine viruses and prevent them from spreading, and improves the visibility of an attack and minimizes its impact on network operations. Trend Micro's Enterprise Protection Strategy will provide businesses with a flexible architecture of services, products, centralized management, and faster access to TrendLabs for proactive outbreak management.
Steve Chang, Chairman of the Board, President and CEO, Trend Micro said: "Our Enterprise Protection Strategy sets a new industry standard for antivirus outbreak lifecycle management today and into the future."
Press release: http://www.net-security.org/press.php?id=795
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