Websense to Acquire Security Rival SurfControl

April 27, 2007

Websense announced April 26 that it will acquire fellow Web security provider SurfControl for $400 million.

The deal is expected to close in about four months, pending approval from government agencies in the United States and United Kingdom. If approved, the acquisition would mean enhanced products and a new organization with the scale to compete with larger security providers, Gene Hodges, CEO of San Diego-based Websense, said in a statement.

"Additionally, by improving operational efficiencies, we believe we can generate operating margins in the combined business similar to the historical levels we have achieved in our own Web security business," Hodges said.

Hodges said the move will also aid in the company's plans to gain a larger foothold in the security market for SMBs (small and midsize businesses). Websense will renew existing SurfControl subscriptions at levels similar to their historical prices, he said.

The channel partners of the two companies will also benefit from the opportunity to deliver a broader set of security products to their customers, Hodges said.

"We plan to introduce a customer satisfaction and retention program and pledge to support SurfControl's layered software Web security solutions at least through 2010," Hodges said. "We also plan to enhance these products with data from the merged research databases of the two companies."

Patricia Sueltz, CEO of SurfControl, based in Scotts Valley, Calif., said the acquisition represents a major step in the development of SurfControl's business by making it part of a larger organization better able to compete in the market for Internet security services.

"I believe that SurfControl today provides a unique combination of security solutions for its customers through software, appliances and on-demand services," Sueltz said in a statement.

Copyright 2007 by Ziff Davis Media, Distributed by United Press International


Rank not rated yet
Tags

Relevant PhysicsForums posts
  • Need help reading 3-D
    created1 hour ago
  • A way to send and receive wireless data
    created7 hours ago
  • Tabletop Cold Fusion Reactor
    created9 hours ago
  • Calling function with no input argument
    createdFeb 10, 2012
  • Force free body diagram problem on gym equipment
    createdFeb 10, 2012
  • Empirical data regarding shower heads and water
    createdFeb 10, 2012
  • More from Physics Forums - General Engineering

More news stories

Walney offshore wind farm is world's biggest (for now)

(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney ...

Technology / Energy & Green Tech

created 10 hours ago | popularity 3.8 / 5 (9) | comments 24 | with audio podcast weblog

GPS court ruling leaves US phone tracking unclear

A US Supreme Court decision requiring a warrant to place a GPS device on the car of a criminal suspect leaves unresolved the bigger issue of police tracking using mobile phones, legal experts say.

Technology / Telecom

created 10 hours ago | popularity 4 / 5 (2) | comments 0

Europeans protest controversial Internet pact

Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom.

Technology / Internet

created 6 hours ago | popularity 5 / 5 (5) | comments 0

Netflix settlement trims 14 pct off 4Q earnings

(AP) -- Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law.

Technology / Business

created 10 hours ago | popularity not rated yet | comments 0

Navy to begin tests on electromagnetic railgun prototype launcher

The Office of Naval Research (ONR)'s Electromagnetic (EM) Railgun program will take an important step forward in the coming weeks when the first industry railgun prototype launcher is tested at a facility ...

Technology / Engineering

created Feb 06, 2012 | popularity 4.6 / 5 (14) | comments 88 | with audio podcast


Europe stakes billion-dollar bet on new rocket

A pencil-slim rocket is scheduled to lift into space from South America on Monday, carrying a billion-dollar bet that Europe can grab a juicy slice of the market to place satellites in low orbit.

Study finds that anti-diabetic medication can prevent the long-term effects of maternal obesity

In a study to be presented today at the Society for Maternal-Fetal Medicine's annual meeting, The Pregnancy Meeting, in Dallas, Texas, researchers will report findings that show that short therapy with the anti-diabetic medication ...

Steroid injections prove effective in treatment of lumbar disc herniations

The use of epidural steroid injections may be a more efficient treatment option for lumbar disc herniations, according to research presented today at the American Orthopaedic Society for Sports Medicine's Specialty Day in ...

Amateur football players not always keen on returning to play after ACL injuries

Despite the known success rates of reconstructive Anterior Cruciate Ligament (ACL) surgery, the number of high school and collegiate football players returning to play may not be as high as anticipated, say researchers presenting ...

Study finds elevated levels of cell-free DNA in first trimester do not predict preeclampsia

In a study to be presented today at the Society for Maternal-Fetal Medicine's annual meeting, The Pregnancy Meeting, in Dallas, Texas, researchers will report findings that indicate that elevated levels of cell-free DNA in ...

PRP treatment aids healing of elbow injuries say researchers

As elbow injuries continue to rise, especially in pitchers, procedures to help treat and get players back in the game quickly have been difficult to come by. However, a newer treatment called platelet rich plasma (PRP) may ...