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Tag Archives: SafeNet

Olivier Piou: Gemalto Closes SafeNet Acquisition for Enterprise, Cloud Security Strategy

Cybersecurity

Amsterdam-based online security firm Gemalto has closed its estimated $890 million cash acquisition of Maryland-headquartered enterprise data protection technology maker SafeNet from Vector Capital. Gemalto said Wednesday it will add SafeNet into the payment and identity segment and the purchase is primarily of platforms and services. Olivier Piou, Gemalto CEO, said the ...

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Gemalto Inks $890M Cash Deal to Buy SafeNet

Cybersecurity

Online security firm Gemalto has agreed to acquire enterprise data protection technology provider SafeNet from Vector Capital for $890 million in cash. Gemalto expects the SafeNet purchase to close in the fourth quarter of this year and will finance the deal with cash on hand and money under existing credit ...

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SafeNet to Sell Government Solutions Business; Chris Fedde Comments

SafeNet Inc. has entered into a definitive agreement to sell its government solutions business unit to an undisclosed buyer, the company announced Thursday. “Over the years, SafeNet’s name has become synonymous with data protection,”  said Chris Fedde, SafeNet’s president and CEO. “Today’s announcement will allow us to sharpen our focus and extend our ...

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SafeNet CFO Charles Neral Stepping Down June 30

SafeNet Inc. Chief Financial Officer Charles Neral is stepping down to pursue another opportunity, effective June 30, the company announced Friday. The company said it will search externally for Neral’s successor and Chief Accounting Officer Greg Repas will become CFO on an interim basis. Repas will oversee corporate finance functions ...

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Raytheon and Safenet Team Up for Malware Detection Technology

Raytheon Company (NYSE: RTN) has entered into an exclusive licensing agreement with SafeNet, Inc. to market Raytheon’s advanced malware detection product, RShield. RShield analyzes e-mail attachments and embedded Web links by rapidly routing e-mail to detection farms where it is opened and observed for malicious activity. “Organizations with the most sensitive data ...

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SafeNet Exec Chris Holland to Present at Calif. Cloud Conference

Chris Holland, SafeNet‘s VP of software rights management, will present at the Software and Information Industry Association’s All About the Cloud Conference in San Francisco held May 25. In addition to Holland’s presentation “Understanding and Avoiding Four Common Pitfalls of Cloud Service Monetization,” SafeNet will also showcase Sentinel Cloud Services, ...

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SafeNet Completes Acquistion of Assured Decisions

SafeNet, Inc announced the completion of its acquisition of Assured Decisions, which will join SafeNet’s Cyber Security Group.The move will strengthen SafeNet’s cyber security capacity. Chris Fedde, president and COO of SafeNet, said “The unique expertise brought to SafeNet by Assured Decisions enables us to expand our solutions that protect ...

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