AXENT Technologies Completes Acquisition of AssureNet Pathways.ROCKVILLE, Md.--(BUSINESS WIRE)--March 26, 1997-- AXENT(TM) 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), a leading provider of security solutions for distributed environments, completed today the previously announced acquisition of AssureNet Pathways, Inc. (formerly known as Digital Pathways, Inc.), a privately held supplier of authentication products, for approximately 1.55 million shares of AXENT common stock. The acquisition further enhances AXENT's leadership position in enterprise information security by adding complementary remote access authentication The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. solutions, Internet/intranet authentication solutions and significantly expanding AXENT's indirect distribution capabilities with the addition of approximately fifty new resellers. "The merger of AXENT Technologies and AssureNet Pathways strengthens AXENT's leadership as the one source for the widest range of integrated security solutions for today's cross-platform computing environments," said John Becker, AXENT's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "The addition of the Defender(R) products to the OmniGuard(TM) suite positions AXENT as the only vendor to be able to protect critical information from both internal and external threats." "Customers are demanding that security vendors provide multiple, integrated solutions, from user authentication See authentication. to data integrity to security management," said Judith Hurwitz, 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. of Hurwitz Group, Inc. "It is critical that enterprises be able to simplify the information security puzzle with multi-platform tools which support the way organizations do business." About AXENT AXENT Technologies, Inc., is the leading provider of enterprisewide information security solutions for distributed computing environments. The OmniGuard suite of products enables organizations to centrally manage information security. In addition, OmniGuard provides enhanced data confidentiality, access control, user administration and intrusion detection See IDS and IPS. across the Internet and intranets, 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). , Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. , Windows 95, Windows 3.x Windows 3.x can refer to either an individual or all of the following versions of Microsoft Windows:
About AssureNet AssureNet Pathways, Inc. provides a broad range of network security solutions that protect enterprisewide networks from unauthorized entry, tampering and theft of information and services. With more than 700,000 users at more than 2,500 corporations worldwide, AssureNet is one of the leaders in the rapidly growing market for products that can positively authenticate remote users who access internal corporate networks. -0- All trademarks, service marks, and company names are the property of their respective owners. CONTACT: AXENT Technologies, Inc. Schwartz Communications Jennifer Whipp Mike Farber, Owen Davis (301) 670-3653 (617) 431-0770 info@axent.com owend@schwartz-pr.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion