TechTarget acquires Security-Docs.com; confirms interest in IPO.

IT information provider TechTarget (Needham, MA) has acquired SecurityDocs.com, described as the web's leading source of white papers written and rated by information security professionals. No terms were given.

SecurityDocs.com is a directory of information security articles, white papers and related documents for information security professionals. The site produces 2344 white papers and has 3389 members, including technical experts and managers seeking policy and strategy information. Users can search by category, such as intrusion detection, security basics, malicious coding, wireless security and enterprise security, among others, description, title, rating or other information specific to that paper. Access to the site is free and does not require registration.

TechTarget will continue to operate SecurityDocs.com as a separate site and will expand the range of white papers offered, adding security-focused white papers. TechTarget said that, with the acqusition, it will now be able to offer vendors of infosec products and services an additional high-traffic channel to reach targeted audiences of enterprise IT security decision-makers responsible for making or influencing purchases.

Also, the company confirmed reports that it will pursue an Initial Public Offering in 2006 and has hired investment banking firm UBS to conduct valuation services. The company said the implementation of an IPO would bring the highest value for the company for its three main constituencies, shareholders, employees and customers.