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News

Endpoint security expertise acquired by PatchLink

Lumension Security : 13 July, 2007  (Company News)
PatchLink has acquired SecureWave to enable product enhancement and development into endpoint security.
PatchLink has completed an all stock merger with SecureWave, a worldwide leading provider of endpoint security solutions to more than 1,700 customers worldwide. Financial details of the transaction were not disclosed.

The new combined entity will not only further enhance PatchLink's reputation in their current market space, but also capitalize on the complementary strengths of each company, creating a global, world-class company poised and able to address its customers' entire security management lifecycle. This includes asset discovery and inventory, real time vulnerability assessment, patching and remediation, network access control, endpoint control and enterprise compliance reporting.

Chairman and CEO of PatchLink Patrick Clawson stated: "This merger opens a new and exciting chapter in PatchLink's history and positions the company as one of the largest, privately held information security companies in the world. This new structure successfully expands our geographic footprint, consolidates enterprise-class solutions and helps us grow our revenue."

"As we to drive greater innovation to shape and define the future of our industry, we will continue to build on our heritage of delivering world class customer service and best-of-breed product portfolio that will enhance and protect our customers' enterprise data and IT assets."
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