http://news.techworld.com/security/3205431/finjan-bought-by-m86-security/By John E. Dunn
Techworld
03 November 2009
In what deserves to go down as one of the least surprising deals of the
year, Israeli web gateway company Finjan has been bought by Anglo-US
rival, M86 Security.
Given that both parties are private companies, the deal has already been
agreed without the need to name the price paid to the outside world, but
it brings the independence of Finjan to an end after an eventful 12
years. That M86 has pounced on Finan is not the sudden move it might
appear to some - current M86 Security CEO, John Vigouroux, was until
April the CEO of Finjan, and the Israeli company has since lost other
employees to what is now its new owner.
M86 Security itself was only formed a year after the merger of two
companies, the UK-based Marshal, and US-based 8e6 Technologies. After
calling themselves Marshal8e6 for a few months, in September the company
renamed itself, M68 Security. Between times, the company also acquired
messaging-and-spam specialist, Avinti.
According to M86 international president, Bruce Green, the takeover made
sense given what the company had identified Finjan's web gateway
technology as superior to their own.
[...]
________________________________________
Did a friend send you this? From now on, be the
first to find out! Subscribe to InfoSec News
http://www.infosecnews.org
