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From: Paul Ferguson (RD-US)
Sent: Tuesday, August 10, 2010 9:26:03 AM
To: Newsbank
Subject: NEWSBANK:: Tektronix Buys Arbor Networks for Security Business
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Tektronix Buys Arbor Networks for Security Business
By: Brian Prince
2010-08-09
Tektronix Communications signs a definitive agreement to buy network security provider Arbor Networks, the customers of which include about 70 percent of the world's ISPs.
Tektronix Communications, which describes itself as a "provider of communications test and network intelligence solutions," announced Aug. 9 that it will acquire Arbor Networks.
The deal, made for an undisclosed sum, is meant to help Tektronix build a brand in security, Tektronix Senior Vice President and General Manager Rich McBee told eWEEK.
"By adding Arbor to the fold, we establish a security beachhead, meaning that we are able to offer our fixed-line, mobile, converged/IP and enterprise customers the industry's most complete set of IP security solutions to deploy, measure, monitor and secure their networks," McBee said.
"Arbor will be able to accelerate investment in existing product lines, develop new and innovative solutions for data center and mobile markets, and, overall, invest and grow the business in a way that they simply could not as a stand-alone company," he continued. "In short, they will be better positioned as a solutions provider, helping customers address the security challenges they face while operating global business networks."
Founded in 2000, Arbor Networks is headquartered in Chelmsford, Mass., and specializes in network security and monitoring technology. Arbor will remain a separate company, and the integration will happen primarily at the business level, McBee explained.
"This [deal] should help Arbor accelerate the delivery of infrastructure security solutions that are critical to the success of converged carrier network operators and next-generation data centers," Arbor Networks CEO Colin Doherty said in a statement. "Arbor further strengthens Tektronix Communications with the ability to offer their customers best-in-class network IP software security and management solutions, along with differentiated, revenue-generating managed security services."
The deal is expected to close in September.
http://www.eweek.com/c/a/Security/Tektronix-Buys-Arbor-Networks-for-Security-Business-580482/
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"Fergie", a.k.a. Paul Ferguson
Threat Research,
CoreTech Engineering
Trend Micro, Inc., Cupertino, California USA
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