The SSL-VPN (secure sockets layer-virtual private network) market is expected to heat up with NetScreen's recent US$265 million ($461.1 million) acquisition of Neoteris.
Although the deal is expected to be completed only by the end of the year, NetScreen has already outlined plans to operate Neoteris as a distinct product group of its business and maintain the brand for the foreseeable future.
According to research firm Frost & Sullivan, of the more than 25 vendors of SSL-VPN technology, Neoteris has 36 per cent share of the market.
Paul Serrano, senior director of marketing Asia Pacific, NetScreen Technologies, said Neoteris' SSL-VPN products complement NetScreen's current IPSec VPN solutions. "While IPSec is the better technology for site-to-site VPN deployments, SSL-VPN solutions can be the alternative solution for new and expansion of existing, remote access deployments," he said.
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