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| Computer Security News The Latest Computer Security News |
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LinkBack | Thread Tools |
06-18-2007, 02:08 PM
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#1 (permalink) |
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Moderator/ Rangemaster TSF Academy; Analyst, Security Team; Oor Wullie; TSF Surgeon and Resident Comic
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PatchLink pounces on SecureWave
PatchLink has announced plans to acquire application security company SecureWave for an undisclosed sum.
The deal is being structured as a merger, with SecureWave shareholders getting shares in the new company in return for their current holding. However, this is more than a passive acquisition - one of SecureWave’s founding shareholders, Mangrove Capital Partners, is to be given a seat on the merged board. Both companies are privately-held which makes price disclosure unlikely. http://www.techworld.com/security/ne...SS&NewsID=9183
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