Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

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.

 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 7/13/2020
Omdia Research Launches Page on Dark Reading
Tim Wilson, Editor in Chief, Dark Reading 7/9/2020
Russian Cyber Gang 'Cosmic Lynx' Focuses on Email Fraud
Kelly Sheridan, Staff Editor, Dark Reading,  7/7/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal, a Dark Reading Perspective
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
The Threat from the Internetand What Your Organization Can Do About It
The Threat from the Internetand What Your Organization Can Do About It
This report describes some of the latest attacks and threats emanating from the Internet, as well as advice and tips on how your organization can mitigate those threats before they affect your business. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-14300
PUBLISHED: 2020-07-13
The docker packages version docker-1.13.1-108.git4ef4b30.el7 as released for Red Hat Enterprise Linux 7 Extras via RHBA-2020:0053 (https://access.redhat.com/errata/RHBA-2020:0053) included an incorrect version of runc that was missing multiple bug and security fixes. One of the fixes regressed in th...
CVE-2020-14298
PUBLISHED: 2020-07-13
The version of docker as released for Red Hat Enterprise Linux 7 Extras via RHBA-2020:0053 advisory included an incorrect version of runc missing the fix for CVE-2019-5736, which was previously fixed via RHSA-2019:0304. This issue could allow a malicious or compromised container to compromise the co...
CVE-2020-15050
PUBLISHED: 2020-07-13
An issue was discovered in the Video Extension in Suprema BioStar 2 before 2.8.2. Remote attackers can read arbitrary files from the server via Directory Traversal.
CVE-2020-10987
PUBLISHED: 2020-07-13
The goform/setUsbUnload endpoint of Tenda AC15 AC1900 version 15.03.05.19 allows remote attackers to execute arbitrary system commands via the deviceName POST parameter.
CVE-2020-10988
PUBLISHED: 2020-07-13
A hard-coded telnet credential in the tenda_login binary of Tenda AC15 AC1900 version 15.03.05.19 allows unauthenticated remote attackers to start a telnetd service on the device.