NetScreen adds intrusion detection with OneSecure purchase

Friday, 23 August 2002, 1:40 AM EST

NetScreen purchased OneSecure for $40.3 million in NetScreen stock and the assumption of OneSecure's outstanding options, NetScreen said in a statement. OneSecure is also based in Sunnyvale.

NetScreen offers a broad selection of hardware appliances and software that run firewalls and virtual private networks (VPNs). The company is increasingly coming to challenge market leaders Check Point Software Technologies and Cisco Systems in these areas.

The acquisition will allow it to move into a new market - intrusion detection and prevention - the company said.

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