WatchGuard Technologies Acquires BorderWare In An Effort To Compete Against Cisco and Google
BorderWare is an e-mail and data loss prevention security company that was recently acquired by WatchGuard Technologies. WatchGuard decided to buy BorderWare to help build out their web security business in an effort to compete against companies such as Google and Cisco Systems. The financial details were not disclosed.
“BorderWare certainly brings to WatchGuard a significant offering in terms of providing more e-mail security, protection in the form of—certainly anti-spam, e-mail encryption, data loss prevention—but also content protection as well,” stated WatchGuard VP of Marketing Eric Aarrestad. “From a market perspective, this greatly expands the addressable market for WatchGuard beyond the traditional UTM/XTM.”
WatchGuard has strong market share in the SMB arena and the acquisition of BorderWare will enable to the company to remain competitive against Google’s Postini and Cisco’s IronPort. There won’t be any immediate changes to BorderWare’s line of products or customer service according to Aarrestad.
[via eWeek]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry