This message is in MIME format. The first part should be readable text, while the remaining parts are likely unreadable without MIME-aware tools. Send mail to mimeat_private for more info. --------------1E7F22D4F5994FCB3A1E931F Content-Type: TEXT/PLAIN; CHARSET=iso-8859-1 Content-ID: <Pine.SUN.3.96.990104134036.6603Eat_private> Forwarded From: darek milewski <darekmat_private> http://www.news.com/News/Item/0,4,30469,00.html Kroll-O'Gara acquires Securify By Reuters Special to CNET News.com January 4, 1999, 9:10 a.m. PT Security provider Kroll-O'Gara, in a move to enter the Internet and e-commerce security market, said today it has acquired privately held Securify in exchange for about 1.4 million K-O common shares. Mountain View, California-based Securify provides security services in the areas of e-commerce and business and government computer networks. The acquisition follows K-O's late October statement that it planned to move into the computer and information markets. Fairfield, Ohio-based K-O provides a broad range of specialized products and services designed to supply solutions to a variety of security needs, including training to deal with white-collar crimes and commercial and military armored vehicles. K-O now has roughly 18 million shares outstanding. In a statement, K-O said 200,000 of its shares have been reserved for issuance upon exercise of vested Securify stock options. The merger is being accounted for as a pooling of interests, it said. Securify's founding investors include James Barksdale, chief executive officer of Netscape Communications; Eric Benhamou, chief executive officer of 3Com; James Bidzos, chief executive officer of RSA Data Security, and Marc Benioff, senior vice president of Oracle. Venture capital funding was provided by Mohr Davidow Ventures and U.S. Venture Partners. --------------1E7F22D4F5994FCB3A1E931F-- -o- Subscribe: mail majordomoat_private with "subscribe isn". Today's ISN Sponsor: Internet Security Institute [www.isi-sec.com]
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