|By PR Newswire||
|November 5, 2012 04:00 PM EST||
SCOTTSDALE, Ariz., Nov. 5, 2012 /PRNewswire/ -- Lumension, a global leader in endpoint management and security, today announced the completed asset acquisition of CoreTrace Corporation, an innovative application control software provider. Austin-based CoreTrace delivers solutions that prevent the execution of malware and unknown executables. The acquisition will enhance Lumension's application control feature set, grow its software and patent/IP portfolio and extend Lumension's growing customer, OEM and reseller bases.
The rise of advanced persistent attacks and weaponized malware has resulted in a new generation of widely distributed malware. In upcoming State of the Endpoint Lumension-sponsored research to be released in early December, researchers identified growing alarm among IT security professionals related to advanced persistent threats (APTs). Understanding this new threat environment, Lumension has strengthened its leadership position in the endpoint management and security space by acquiring the assets of CoreTrace Corporation, and further consolidating market share in the application control space.
"The threat of advanced persistent attacks is growing at a significant rate," said Pat Clawson, Chairman and CEO of Lumension. "Look at oil operators in the middle east who have suffered devastating cyber attacks. With this rise in advanced persistent threats, and weaponized malware, along with the fact that Gartner projects[i] that 'by 2015, more than 50% of enterprises will have instituted 'default deny' policies' that restrict the applications users can install,' Lumension felt a strategic acquisition of CoreTrace would further equip both current and prospective customers in the ever-evolving threat landscape and cement Lumension's leadership in next generation technologies. We are thrilled to have CoreTrace on board to continue our drive to advanced, persistent protection for organizations of all sizes."
With the acquisition of CoreTrace assets, Lumension will add more than 130 customers, key development staff, and additional OEM and reseller partners.
- Lumension acquires key IP and patent portfolio from CoreTrace.
- Lumension will likely integrate key aspects of CoreTrace's technology into Lumension® Application Control and continue to offer Lumension Application Control through the Lumension Endpoint Management Security Suite.
- Lumension will continue to provide technical and support services to CoreTrace's current application control commercial customers.
- Lumension will provide existing CoreTrace customers with a seamless upgrade path to Lumension's endpoint management platform once key features of the CoreTrace technology are integrated.
- Lumension will likely continue to offer the CoreTrace Bouncer® product through existing commercial sales channels.
A financial analyst briefing will be held at 11:30 a.m. EST on Wednesday, Nov. 7. RSVP is required; please contact Kim Doyle at [email protected] or 480-444-1229 for dial-in instructions.
Additional Acquisition Resources:
Lumension Security, Inc., a global leader in endpoint management and security, develops, integrates and markets security software solutions that help businesses protect their vital information and manage critical risk across network and endpoint assets. Lumension enables more than 5,100 customers worldwide to achieve optimal security and IT success by delivering a proven and award-winning solution portfolio that includes Vulnerability Management, Endpoint Protection, Data Protection, Antivirus and Reporting and Compliance offerings. Lumension is known for providing world-class customer support and services 24x7, 365 days a year. Headquartered in Scottsdale, Arizona, Lumension has operations worldwide, including Texas, Florida, Ireland, Luxembourg, the United Kingdom, Australia and Singapore. Lumension: IT Secured. Success Optimized.™ More information can be found at www.lumension.com.
CoreTrace provides the most advanced threat protection for physical and virtual Windows servers, desktops and laptops, as well as Linux enterprise servers. The Company's flagship solution, CoreTrace Bouncer®, protects customers' most valuable intellectual property and systems by preventing the most advanced threats. Bouncer's advanced threat protection is based upon adaptive application whitelisting to prevent the execution of all unauthorized code, memory protection to stop attackers from exploiting whitelisted applications and risk-profiling of all applications via cloud-based reputation services.
[i] Predicts 2012: Sophisticated Attacks, Complex IT Environments and Increased Risks Demand New Approaches to Infrastructure Protection; By Ray Wagner, Mark Nicolett, Lawrence Orans, John Pescatore, Kelly M. Kavanagh Peter Firstbrook, Neil MacDonald, Rob McMillan, Joseph Feiman; Nov. 29, 2011
Lois Paul and Partners
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Oct. 23, 2016 07:30 PM EDT Reads: 2,057
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Oct. 23, 2016 07:15 PM EDT Reads: 2,415
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, will draw together recent research and lessons learned from emerging and established ...
Oct. 23, 2016 07:00 PM EDT Reads: 1,237
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Oct. 23, 2016 07:00 PM EDT Reads: 4,537
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
Oct. 23, 2016 06:45 PM EDT Reads: 1,002
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 23, 2016 05:30 PM EDT Reads: 824
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Oct. 23, 2016 05:30 PM EDT Reads: 2,845
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Oct. 23, 2016 05:00 PM EDT Reads: 740
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
Oct. 23, 2016 05:00 PM EDT Reads: 834
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
Oct. 23, 2016 04:30 PM EDT Reads: 1,319
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
Oct. 23, 2016 04:30 PM EDT Reads: 802
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Oct. 23, 2016 04:15 PM EDT Reads: 1,473
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Oct. 23, 2016 03:30 PM EDT Reads: 1,475
SYS-CON Events announced today that Coalfire will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Coalfire is the trusted leader in cybersecurity risk management and compliance services. Coalfire integrates advisory and technical assessments and recommendations to the corporate directors, executives, boards, and IT organizations for global brands and organizations in the technology, cloud, health...
Oct. 23, 2016 03:30 PM EDT Reads: 1,525
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, will contrast how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He will show the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He will also have live demos of building immutable pipe...
Oct. 23, 2016 03:15 PM EDT Reads: 1,535