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Ipswitch strengthens file transfer division with Standard Networks acquisition.

Ipswitch : 21 April, 2008  (Company News)
Secure file transfer now available under one roof whatever the market sector after Ipswitch supplements its WS_FTP product with MOVEit from Standard Networks' portfolio after acquisition.
Ipswitch's File Transfer division has acquired Standard Networks, a key provider of mission-critical secure managed file and message transfer products for the enterprise. For the past 15 years more than three million users have relied on Ipswitch WS_FTP, the industry's award-winning secure file transfer solution. With the addition of Standard Network's MOVEit solution, Ipswitch is extending its reach into all markets by offering robust solutions that deliver substantial value in each market category: the SMB, enterprise and SOHO markets.

The new Ipswitch file transfer offerings are raising the bar by providing the market with the most robust, secure and reliable file and message transfer capabilities available from a single vendor. Today, Ipswitch customers include nearly every company in the Fortune 100 and over 80 percent of the Fortune 500. Ipswitch File Transfer division's ability to bring a broad set of solutions to market enables businesses of all sizes to fully utilise their corporate data in support of their business rules and objectives.

"This acquisition is a key element in our division's global go-to market strategy for file transfer solutions," says Ipswitch File Transfer division president, Gary Shottes. "Whether a customer is a single individual or a large, complex enterprise, we are now able to deliver simple, innovative and secure products and solutions that address customers' current requirement, while anticipating their future needs. With this acquisition, Ipswitch has the broadest and most comprehensive set of secure file transfer offerings on the market today."

"Our customers and our support of them are of paramount importance to us," adds Shottes. "We look forward to welcoming MOVEit customers into our family by offering them and the market a comprehensive set of MOVEit and WS_FTP products that are unparalleled. Our goal, as always, is to deliver to our customers the greatest File Transfer value available in the market today."

"The market for secure managed file transfer solutions is rapidly expanding up as more companies look at moving corporate data, while at the same time complying with new governmental and industry regulations for corporate data audit trails,' says Gartner Research Director, L. Frank Kenney. 'This acquisition adds additional, viable solutions to the market.'

The acquisition enables Ipswitch File Transfer to extend its core competency and technology leadership to include broader capabilities in deploying secure and managed file and message transfer to the enterprise. The assimilation of Standard Network's workforce into the Ipswitch File Transfer division adds significant secure and managed file transfer experience and knowledge to Ipswitch. All of the employees of Standard Networks will become File Transfer employees and the company will retain its secure file transfer R&D centre and its world-class technical support office in Madison, Wisconsin.
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