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ANXeBusiness Corp. Completes VPN Acquisition.


SOUTHFIELD, Mich. -- ANXeBusiness Corp., a leading provider of networking and security managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  and software, has acquired certain assets of CSCI (Computer Software Configuration Item) A group of software treated as a single entity by a configuration management (CM) system. See configuration management.

CSCI - Computer Software Configuration Item
 Inc., including the Virtual Private Network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) portion of CSCI's OfficeScreen business. This is the company's second acquisition this year and is designed to strengthen the ANX ANX Annex
ANX Adventrx Pharmaceuticals (San Diego, CA)
ANX Automotive Network Exchange (AIAG)
ANX Advanced Network Exchange
ANX Ascending Node Crossing (satellites) 
 VPN product line for customers in multiple vertical markets.

OfficeScreen includes a suite of managed security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  for small to medium-sized businesses with secure wide-area networks that require efficient, economical and secure links for offices and remote workers. Customers use OfficeScreen because it is inexpensive and does not require large expenditures for hardware, dedicated IT resources or large IT budgets. With companies grappling with the ever-increasing threats of public Internet security breaches to their network data, products like OfficeScreen are critical for the necessary remote access required to maintain business efficiency.

"Combining OfficeScreen with our existing ANX Managed Network Services products such as PositivePRO, will further strengthen our VPN capabilities for ANX customer across all vertical markets," said Rich Stanbaugh, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , ANXeBusiness. "With the rapidly growing need for companies to provide secure remote access to employees, ANX is positioned to offer customers a range of world-class products in the managed VPN services area."

The industry-leading OfficeScreen suite contains IP security (IPSec) bundles that create the secure wide-area networks companies use for remote access, which are all proactively monitored and supported by technical experts in a 24x7x365 manner. As an existing provider of these types of managed network and security services to customers today, ANX will continue to deliver to current OfficeScreen customers the level of service they have come to rely on but with future enhancements.

"We will take the best technology features from the entire ANX managed VPN portfolio and provide our customers with the highest quality remote access and network security products and services in the marketplace today," Stanbaugh added.

The recently completed transaction comes less than a month after ANX acquired the VPN division of Positive Networks, Inc. and its flagship product, Positive PRO. This latest acquisition marks the fourth that ANX has made within the last two years, including the purchases of Management Information Systems Group (MISG MISG Maintenance Interservice Support Group
MISG Market Information Services Group
) in December 2006 and Virtual Services, Inc. in July 2007.

ANXeBusiness Inc. (http://www.anx.com), headquartered in Southfield, Mich., has offices in Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C., Philadelphia, PA, Cleveland, OH, San Diego, CA and Toronto. It provides a range of Managed Network Service, Transaction Delivery Service, and Product Lifecycle Management (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) products and services for customers in the automotive original equipment and aftermarket industries, healthcare, education, government, financial and aerospace industries as well as other manufacturing sectors.
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Publication:Business Wire
Date:Oct 6, 2008
Words:440
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