Printer Friendly
The Free Library
14,506,428 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AXENT Acquires Internet Tools, Inc.


ROCKVILLE, Md.--(BUSINESS WIRE)--Jan. 13, 1999--

Leading-Edge Patent-Pending Technology Extends AXENT's Leadership

Position in Intrusion Detection See IDS and IPS.  and Internet Security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
 

AXENT Technologies, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AXNT), one of the world's largest information security companies and the market leader in security assessment and intrusion detection, today announced the acquisition of Fremont, CA-based Internet Tools, Inc., provider of the advanced intrusion detection software, ID-Trak(tm). Under the terms of the merger agreement, AXENT(tm) expects to issue 750,000 shares to Internet Tools' stockholders and option holders.

The acquisition strengthens AXENT's Internet security offerings for protecting Web servers, e-business, e-commerce, and intranets. In January of 1999, International Data Corporation indicated that the e-commerce and e-business market will be $69B in 1999 and grow to $900B for the combined years 1999 to 2002. Internet Tools' patent-pending technology provides customers with a cost-effective, simple means to protect against Internet and other network attacks.

This acquisition also extends and leverages AXENT's technology lead in the Intrusion Detection Systems (IDS) market, one of the fastest growing segments in the information technology (IT) security market. By integrating ID-Trak with AXENT's existing intrusion detection products, AXENT is the first vendor to offer customers a network-based and cross platform host-based intrusion detection system A host-based intrusion detection system (HIDS) is an intrusion detection system that monitors and analyzes the internals of a computing system rather than on its external interfaces (as a network-based intrusion detection system (NIDS) would do). , managed and controlled from one console.

Finally, with this acquisition, AXENT gains Internet Tools' award-winning ID-Trak product line. ID-Trak complements AXENT's current solutions by adding patent-pending Stateful Dynamic Signature Inspection (SDSI SDSI Simple Distributed Security Infrastructure
SDSI Systems Design & Support, Inc.
SDSI Space and Defense Systems Inc. (Reston, VA) 
) technology, which provides breakthrough levels of customization, scalability and performance.

"With security risks on the rise, customers want integrated solutions that identify security threats, monitor for intruders and stop hackers before damage is done," said John Becker, AXENT 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.  and chairman of the board.

"As a leader in intrusion detection and Internet security, AXENT continues to build and acquire the most innovative solutions available. Internet Tools is a good move for us as it adds not only next-generation technology, but also critical intrusion detection expertise that is scarce in this rapidly growing area," said Mr. Becker.

"With this acquisition, AXENT is taking intrusion detection to the next level, bringing to market a streamlined, integrated solution that helps administrators protect more areas of the enterprise with fewer resources," said Vimal Vaidya vaidya /vai·dya/ (vi´dyah) [Sanskrit "one who knows"] in ayurveda, a physician. , CEO and founder of Internet Tools, Inc. "Internet Tools' next generation technology is the only available network-based IDS solution that allows for dynamic deployment of custom attack signatures."

Expands AXENT's Intrusion Detection Market Lead

AXENT pioneered the intrusion detection space with Intruder Alert(tm), which offers host-based and audit trail analysis. In 1998, with the debut of NetProwler(tm) 1.0, AXENT was the first to stop hackers by combining host- and network-based intrusion detection in a single system.

As the only vendor to provide all three areas of intrusion detection -- host-based, network-based, and audit trail analysis to offer a complete, best-of-breed solution, AXENT is the market leader in the booming Intrusion Detection space. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a recent study by the Hurwitz Group(R), entitled Information Security: Assessing Risks and Detecting Intrusions, AXENT is the undisputed market leader for risk assessment and intrusion detection with 43 percent market share. The Hurwitz Group estimates that the IDS market is growing by more than 50% with a forecasted market size of $220M by the year 2000.

"IDC believes that AXENT's acquisition of Internet Tools will significantly strengthen AXENT's product line," said Abner Germanow, Internet Security Research Analyst with International Data Corporation. "Entry level products that are integrated with higher end Coordinates:
For other places with the same name, see Billinge.
Higher End or Billinge Higher End is a district of the Metropolitan Borough of Wigan, in Greater Manchester, England.
 solutions allow corporations to progressively deploy solutions at their own speed and security comfort level."

ID-Trak: Next Generation Intrusion Detection

With Internet Tools' pending patent for SDSI technology, ID-Trak offers unsurpassed capabilities for intrusion detection. ID-Trak transparently examines packets at near-wire speed to identify, log and terminate unauthorized use, misuse, and abuse of computer systems by both external hackers and internal saboteurs. ID-Trak detects and responds to an extensive array of common Internet attacks such as Ping of Death A ping request that crashes the target computer. It is caused by an invalid packet size value in the packet header. There are patches for most operating systems to prevent it. See denial of service attack. , Syn Flood A SYN flood is a form of denial-of-service attack in which an attacker sends a succession of SYN requests to a target's system.

When a client attempts to start a TCP connection to a server, the client and server exchange a series of messages which normally runs
 and Teardrop tear·drop
n.
1. A single tear.

2. An object shaped like a tear.
, as well as common operating system operating system (OS)

Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs.
 and application attacks, such as WinNuke and Back Orifice A program that installs itself on a Windows machine as a server, allowing a cracker with the client counterpart to manipulate the machine more completely than the user at the keyboard. It can come in the form of a Trojan or ActiveX control. .

Additionally, customers can design their own resource-specific signatures against more intricate, company-specific security violations. New attack signatures can be immediately deployed and dynamically a AXENT and Internet Tools have already begun of this integration, a stand-alone, network-based intrusion detection solution, will debut in Q1 1999 in North America and Q2 worldwide.

About AXENT(tm)

AXENTwalls, for UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
(R), Windows(R) 3.x, Windows NT(R), Windows(R) 95, Windows(R) 98, NetWare(R) and mid-range systems in heterogeneous computing environments.

Headquartered in Rockville, MD, AXENT's customer-proven information security solutions are used by 40 of the top Fortune 50 companies and governments worldwide. Contact AXENT via e-mail at info@axent.com, or visit AXENT's Virtual Press Office at http://vpo.axent.com.

AXENT, AXENT Technologies, the AXENT logo, Intruder Alert, and NetProwler are trademarks or registered trademarks, in the United States and certain other countries, of AXENT Technologies, Inc. or its subsidiaries. ID-Trak is a trademark of Internet Tools, Inc. Windows and Windows NT are registered trademarks of Microsoft Corporation; Hurwitz Group is a registered trademark of Hurwitz Group, Inc.; NetWare is a registered trademark of Novell, Inc.; UNIX is a registered trademark licensed exclusively by X/Open Company, Ltd.; and other product names and trademarks are the property of their respective owners.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jan 13, 1999
Words:882
Previous Article:Puget Sound Energy Board Declares Quarterly Dividends.
Next Article:Year 2000 Wire/Commercial Concepts Announces the Launching of New E-Commerce and Internet Marketing, an Expanded Product Line, and Strategic Internet...
Topics:



Related Articles
AXENT Reports First Quarter 1999 Results.
AXENT Reports First Quarter 1999 Results.
AXENT Reports Second Quarter 1999 Results.
NetProwler and Intruder Alert Combination Win PC Magazine Editor's Choice Award.
Compaq and AXENT Expand Strategic Security Alliance; Partnership to Provide Customers with Powerful, Open and Scalable Security Solutions for Growing...
AXENT Partners With Digex to Provide Managed Security Services.
Axent Technologies Reports First Quarter 2000 Results.
AXENT Technologies Reports Second Quarter 2000 Results; Growth in Strategic Product and Service Areas Drive Revenues Up 29%.
AXENT Reports Third Quarter 2000 Results; Symantec Acquisition On Track to Close by Year-End 2000.
AXENT and ActivCard Enhance Strategic Relationship With Integrated Solutions to Securely Manage e-Business Applications.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles