Welcome!

News Feed Item

Sophos Acquires Cyberoam Technologies

Expands Network Security, UTM and Next-Generation Firewall Portfolio

OXFORD, UNITED KINGDOM -- (Marketwired) -- 02/10/14 -- Sophos announced today that it has acquired Cyberoam Technologies, a leading global provider of network security products. The acquisition expands and deepens Sophos' already significant product portfolio in network security, by combining Cyberoam's Unified Threat Management (UTM), next-generation firewall and network security expertise with Sophos' existing award-winning network security solutions in UTM and wireless security.

"Sophos and Cyberoam create a winning combination at the right time, in the right product markets and in all the right geographies," said Kris Hagerman, Chief Executive Officer for Sophos. "Cyberoam has built a strong reputation as an aggressive and nimble innovator in the network security market, and like Sophos, has a 'channel-first' approach and reputation for delivering top-notch service and support. The acquisition expands and accelerates our network security roadmap to grow our presence in UTM, advanced threat protection, wireless and next generation firewall -- some of the fastest growing markets in all of IT. This also continues our focus of providing exciting opportunities to grow our channel partners and customers."

For more information, visit the Sophos corporate blog at: http://blogs.sophos.com/2014/02/10/sophos-acquires-cyberoam-technologies/

Founded in 1999 and headquartered in Ahmedabad, India, Cyberoam is highly regarded for its product innovation, quality, and world-class customer support. The company has more than 65,000 customers, more than 550 employees, and a strong channel focus with a network of 5,500 partners, with particular strength in India, the Middle East, and Africa. Cyberoam's high performance UTM and Next Generation Firewall appliances, built on a similar Intel-based architecture as Sophos' UTM solutions, deliver advanced technologies that will complement and expand the entire Sophos network security portfolio. Some of these technologies include the iView reporting engine, application control, user-based network policies, sophisticated next-generation firewall capabilities and advanced threat protection.

Hemal Patel, CEO of Cyberoam, said, "Together Sophos and Cyberoam form a powerhouse in network security. We are growing our network security businesses substantially faster than the market, and joining forces allows us to drive even greater innovation and value. Our global footprint, commitment to the channel and complete security portfolio are clear competitive differentiators. We're pleased to join the Sophos team."

The acquisition advances Sophos' position in network security, a strategic growth area for the company and a pivotal element of the company's complete security strategy. Sophos combines leading security technologies in endpoint, mobile, encryption and data protection, e-mail, web, server, and network -- all focused on small and midmarket enterprises and pragmatic enterprises of any size -- and delivered entirely through the channel. Combined, Sophos and Cyberoam will have more than 2,200 employees, with more than 600 focused on network security, including more than 350 in R&D.

According to IDC Research, the network security market reached $7.9 billion in 2012; UTM comprised $2.7 billion of the market and was cited as the fastest growing segment at 21 percent growth. In the recent Gartner Magic Quadrant for Unified Threat Management, Sophos was again named a "leader" and Cyberoam a "visionary."

Signal Hill acted as exclusive financial advisor to Cyberoam in this transaction.

* - IDC Worldwide Network Security Forecast 2013-2017, July 2013
** - Gartner, Magic Quadrant for Unified Threat Management, July 19, 2013

About Sophos
More than 100 million users in 150 countries rely on Sophos' complete security solutions as the best protection against complex threats and data loss. Simple to deploy, manage, and use, Sophos' award-winning encryption, endpoint security, web, email, mobile and network security solutions are backed by SophosLabs -- a global network of threat intelligence centers.

Sophos is headquartered in Oxford, UK. More information is available at www.sophos.com.

Media Contact:
Dave De Jear
Sophos
Email Contact

Mark Price
Sophos PR UK
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
@ThingsExpo has been named the ‘Top WebRTC Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @ThingsExpo ranked as the number one ‘WebRTC Influencer' followed by @DevOpsSummit at 55th.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
"Avere Systems is a hybrid cloud solution provider. We have customers that want to use cloud storage and we have customers that want to take advantage of cloud compute," explained Rebecca Thompson, VP of Marketing at Avere Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
The unique combination of Amazon Web Services and Cloud Raxak, a Gartner Cool Vendor in IT Automation, provides a seamless and cost-effective way of securely moving on-premise IT workloads to Amazon Web Services. Any enterprise can now leverage the cloud, manage risk, and maintain continuous security compliance. Forrester's analysis shows that enterprises need automated security to lower security risk and decrease IT operational costs. Through the seamless integration into Amazon Web Services, ...
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...
"We provide DevOps solutions. We also partner with some key players in the DevOps space and we use the technology that we partner with to engineer custom solutions for different organizations," stated Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...