[ISN] Secure Computing Agrees To Buy Gauntlet

From: InfoSec News (isnat_private)
Date: Thu Feb 14 2002 - 01:40:51 PST

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    By Marcia Savage, CRN
    San Jose, Calif.
    12:03 PM EST Wed., Feb. 13, 2002 
    Secure Computing will buy Network Associates' Gauntlet firewall and
    VPN business, the companies said Wednesday.
    Network Associates' Gauntlet customers will be transitioned to Secure
    Computing, based here.
    Under terms of the deal, Secure Computing, maker of the Sidewinder
    Firewall, will acquire the Gauntlet firewall/VPN business assets,
    including the software, the firewall E-ppliance product line, and
    related customer-support contracts.
    The purchase price was not disclosed. The deal is expected to close by
    Feb. 22.
    Santa Clara, Calif.-based Network Associates put its Gauntlet product
    line up for sale last October when it dissolved its PGP Security
    division as part of a corporate cost-cutting initiative.
    In a statement, company executives said they sold Gauntlet to Secure
    Computing after a search for a buyer that would ensure a "seamless
    support transition" for customers.
    Tim McGurran, president and COO at Secure Computing, said the company
    looks forward to adding the more than 4,000 Gauntlet customers and 100
    VARs to its customer roster.
    "As a result of this acquisition, Secure will be the worldwide leader
    in application-layer firewalls," he said in a prepared statement.
    The Gauntlet firewall was developed by Trusted Information Systems,
    which was acquired by Network Associates in 1998.
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