Risk
12/18/2012
07:38 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Blue Coat To Acquire Crossbeam Systems

With Crossbeam, Blue Coat gains a support infrastructure and high-performing platform

SUNNYVALE, Calif., December 17, 2012 – Blue Coat Systems, Inc., a market leader in Web security and optimization, today announced that it has entered into an agreement to acquire Crossbeam Systems, Inc., a proven leader in delivering scalable network security. The acquisition brings together two market leaders that deliver complementary technologies to scale and secure the world's largest and most complex networks. By acquiring Crossbeam, Blue Coat is laying the foundation for a broader strategy to transform the way businesses secure and optimize their networks.

"Our service provider and enterprise customers are excited we are bringing together two complementary technologies," said Greg Clark, chief executive officer at Blue Coat Systems. "With Crossbeam, Blue Coat gains a best-in-class support infrastructure and a high performing platform that scales to meet the needs of even the most complex enterprise IT environments."

New customer initiatives and an increasing number of devices accessing rich media content are driving the need for more capacity and performance in the network. Enabling these initiatives, however, often requires investments in additional networking and security solutions. For enterprises, being able to deploy these new solutions into their existing security environment is crucial.

"As enterprises seek to improve corporate agility with mobile and cloud-based solutions, the dual demands for greater capacity and improved threat response force enterprises into a cycle of constantly expanding networking and security infrastructures," said Christian Christiansen, IDC's program vice president of security products & services. "Blue Coat and Crossbeam have a history of embracing emerging security ecosystems, and this acquisition potentially enables customers to further tap into even more synergistic security and networking solutions."

The Crossbeam X-Series portfolio provides the industry's only highly scalable platform that allows businesses to consolidate their security and networking infrastructures. Combined with Blue Coat's leading Unified Security solution, the X-Series is an ideal control point in the network for managing applications that secure both inbound and outbound traffic from all users in any location.

"Blue Coat and Crossbeam are natural partners. The combination of Blue Coat's web security solutions and Crossbeam's scalable X-Series platform is an exciting proposition for us," said Matthew Gyde, global general manager of security at Dimension Data. "We're confident that this union will appeal to our clients that are looking to innovate securely and cost effectively."

Together, Blue Coat and Crossbeam will continue to embrace an open ecosystem and support best-of-breed ISV applications that allow customers to cost effectively deploy the security solutions that best fit their needs.

"Crossbeam has been a great partner for us, and we are committed to continuing and strengthening that relationship with Blue Coat going forward," said Amnon Bar-Lev, president at Checkpoint.

The acquisition is expected to close on December 31, 2012.

Blue Coat and Crossbeam are portfolio companies of Thoma Bravo, LLC, a leading private equity firm with more than 30 years of providing equity and strategic support to experienced management teams and growing companies.

About Blue Coat Systems

Blue Coat Systems provides Web security and WAN optimization solutions to 86% of FORTUNE Global 500 companies. As the market share leader in the secure web gateway market, Blue Coat sets the standard for enterprise security. Its solutions provide the visibility, protection and control required to optimize and secure the flow of information to any user, on any network, anywhere. For additional information, please visit www.bluecoat.com.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Security Operations and IT Operations: Finding the Path to Collaboration
A wide gulf has emerged between SOC and NOC teams that's keeping both of them from assuring the confidentiality, integrity, and availability of IT systems. Here's how experts think it should be bridged.
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.

Dark Reading Radio
Archived Dark Reading Radio
In past years, security researchers have discovered ways to hack cars, medical devices, automated teller machines, and many other targets. Dark Reading Executive Editor Kelly Jackson Higgins hosts researcher Samy Kamkar and Levi Gundert, vice president of threat intelligence at Recorded Future, to discuss some of 2016's most unusual and creative hacks by white hats, and what these new vulnerabilities might mean for the coming year.