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Blue Coat to Acquire Crossbeam Systems
Acquisition Unites Two Market Leaders with Complementary Technologies
“Our service provider and enterprise customers are excited we are bringing together two complementary technologies,”
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,”
The Crossbeam X-Series portfolio (http://www.crossbeam.com/
“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 percent 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.
Blue Coat and the Blue Coat logo are registered trademarks or trademarks of Blue Coat Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.
For more information, please contact:
Manal Abi Rafeh
Blue Coat Systems ME
Telephone: +971 4 3911620
Fax: +971 4 3911635