Welcome!

News Feed Item

Lumension Announces The Completed Acquisition Of CoreTrace Corporation

Asset Acquisition strengthens Lumension's software capabilities, patent/IP portfolio and leadership in the application control space

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.

Key Facts:

  • 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:

Supporting Resources:

About Lumension
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.

About CoreTrace
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 

Contacts:

Kim Doyle 

Jason Deal


Lumension 

Lois Paul and Partners


(480) 444-1229 

(512) 784-7103


[email protected] 

 [email protected]

SOURCE Lumension

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
Though cloud is the future of enterprise computing, a smooth transition of legacy applications and systems is critical for seamless business operations. IT professionals are eager to start leveraging the cost, scale and other benefits of cloud, but with massive investments already in place in existing infrastructure and a number of compliance and resource hurdles, it can be challenging to move to a cloud-based infrastructure.
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intellige...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...