Network Associates agreed to acquire Entercept Security Technologies, a start-up provider of intrusion protection technology, for $120 million in cash. Entercept specializes in host-based intrusion protection solutions that proactively detect and stop security attacks. The Entercept products utilize a combination of behavioral rules and signatures to prevent both known and unknown attacks, rather than detecting and reporting an attack after it has occurred. Its products protect servers against attacks launched both externally and internally. Entercept claims a customer base of over 1,100 companies and government agencies. Network Associates said the acquisition builds on its intrusion protection vision.
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- Earlier this month, Network Associates agreed to acquire IntruVert Networks, a start-up offering intrusion detection systems, for $100 million in cash. IntruVert’s real-time network intrusion detection technology integrates signature, anomaly, and Denial of Service (DoS) detection techniques on a hardware-based platform designed for multi-gigabit speeds. Network Associates said the IntruVert system is perfectly aligned with its vision of stopping any attack that gets inside the firewall.
- In January 2001, Entercept Security Technologies (then known as ClickNet Security Technologies) raised $33 million in funding from new investors Dell, Intel Capital, Sun Microsystems, JK&B Capital, UBS Capital Americas and Diamondhead Ventures. The company is based in San Jose, California.
- In July 2002, Symantec acquired two companies: Recourse Technologies, which developed a gigabit speed network intrusion detection system and “honeypot�? response solution, for approximately $135 million in cash; and SecurityFocus, a developer of a network “early warning system,�? for approximately US$75 million in cash. SecurityFocus offers an up-to-date database of security vulnerabilities to other security product vendors and managed service providers. In July 2002, Symantec also acquired Riptech, a provider of managed security services, for approximately US$145 million in cash.