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.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
I 'Hacked' My Accounts Using My Mobile Number: Here's What I Learned
Nicole Sette, Director in the Cyber Risk practice of Kroll, a division of Duff & Phelps,  11/19/2019
DevSecOps: The Answer to the Cloud Security Skills Gap
Lamont Orange, Chief Information Security Officer at Netskope,  11/15/2019
Attackers' Costs Increasing as Businesses Focus on Security
Robert Lemos, Contributing Writer,  11/15/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-5087
PUBLISHED: 2019-11-21
An exploitable integer overflow vulnerability exists in the flattenIncrementally function in the xcf2png and xcf2pnm binaries of xcftools 1.0.7. An integer overflow can occur while calculating the row's allocation size, that could be exploited to corrupt memory and eventually execute arbitrary code....
CVE-2019-5509
PUBLISHED: 2019-11-21
ONTAP Select Deploy administration utility versions 2.11.2 through 2.12.2 are susceptible to a code injection vulnerability which when successfully exploited could allow an unauthenticated remote attacker to enable and use a privileged user account.
CVE-2019-6693
PUBLISHED: 2019-11-21
Use of a hard-coded cryptographic key to cipher sensitive data in FortiOS configuration backup file may allow an attacker with access to the backup file to decipher the sensitive data, via knowledge of the hard-coded key. The aforementioned sensitive data includes users' passwords (except the admini...
CVE-2019-17272
PUBLISHED: 2019-11-21
All versions of ONTAP Select Deploy administration utility are susceptible to a vulnerability which when successfully exploited could allow an administrative user to escalate their privileges.
CVE-2019-17650
PUBLISHED: 2019-11-21
An Improper Neutralization of Special Elements used in a Command vulnerability in one of FortiClient for Mac OS root processes, may allow a local user of the system on which FortiClient is running to execute unauthorized code as root by bypassing a security check.