Subscribe free to our newsletters via your
. Space Industry and Business News .




CYBER WARS
Bain buys cybersecurity firm Blue Coat for $2.4 bn
by Staff Writers
Washington (AFP) March 10, 2015


Computer security firm Blue Coat Systems said Tuesday it was being acquired by private equity group Bain Capital for $2.4 billion.

The deal comes amid surging interest in online security following an epidemic of data breaches and intrusions, and slightly more than three years after Blue Coat was bought by another equity firm, Thoma Bravo, for $1.3 billion.

Blue Coat has some 80 percent of the Fortune 500 as customers and offers a range of enterprise services including cloud security.

"Blue Coat has differentiated products for protecting enterprises from even the most sophisticated threats and we are proud to be a foundational part of the security architecture for the world's largest enterprises," said chief executive Gregory Clark.

"The world's most trusted brands use Blue Coat and the acquisition by Bain Capital sets us on the trajectory to further grow our portfolio, better serve our customers and help us prepare to return to the public markets."

Based in Sunnyvale, California Blue Coat said the all-cash deal should be finalized in the first half of the year, pending regulatory approval.

In 2011, US senators called for an investigation into whether US companies, including Blue Coat, had provided Internet monitoring and censorship technology to Syria, aiding its crackdown on dissent.

Blue Coat said the technology got to Syria as a result of an "unlawful diversion of its appliances" and pledged to work to prevent any further diversions of that type.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Cyberwar - Internet Security News - Systems and Policy Issues






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CYBER WARS
As hacking grows, biometric security gains momentum
Washington March 7, 2015
With hackers seemingly running rampant online and millions of users compromised, efforts for stronger online identity protection - mainly using biometrics - are gaining momentum. Biometrics, which can include fingerprints, iris scans, facial or voice recognition and other methods, got a major boost with Apple's introduction of its iPhones with Touch ID. Samsung followed with its own fi ... read more


CYBER WARS
NASA uses CubeSat bus to to test re-enter drag device

ESA experts assess risk from exploded satellite

Google gearing Android for virtual reality: report

New paint makes tough self-cleaning surfaces

CYBER WARS
Navy satellite communications systems getting support services

Russia to Launch Two Military Satellites in February

Navy orders additional LCS mission modules

U.S. EA-18G Growlers getting new electronic warfare system

CYBER WARS
Soyuz Installed at Baikonur, Expected to Launch Wednesday

Arianespace certified to ISO 50001 at Guiana Space Center

SpaceX launches two communications satellites

Next Launch of Heavy Angara-5 Rocket Due Next Year

CYBER WARS
Satcom datalink service enables Future Air Navigation System testing

India to Launch Fourth Navigation Satellite for Communications Security

India to launch fourth navigation satellite March 9

Study of Atmospheric 'Froth' May Help GPS Communications

CYBER WARS
New vision system on way for military helicopter pilots

MH370 report sparks fresh criticism of Malaysia govt, airline

Airlines need to improve despite 'safest' year: IATA chief

Lockheed Martin supplying C-130J training aids to Australia

CYBER WARS
Quantum sensor's advantages survive entanglement breakdown

Important step towards quantum computing: Metals at atomic scale

QR codes with advanced imaging and photon encryption protect computer chips

International research partnership tricks the light fantastic

CYBER WARS
Scientists report breakthrough in detecting methane

High-Tech UCF Sensor Payload Headed for Stratosphere

Space technology investigates large-scale changes to Africa's climate

A change in thought on Earth's core formation

CYBER WARS
Hidden hazards found in green products

Smog documentary blocked by China after becoming viral hit

China vows to fight pollution 'with all might'

Water in smog may reveal pollution sources




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.