Blue Coat Set to Acquire Crossbeam Systems

Blue Coat Systems, Inc.has announced that it has entered into an agreement to acquire Crossbeam Systems, Inc., a scalable network security solutions provider. The acquisition brings together two companies that deliver complementary technologies to scale and secure the world of complex networks.  By acquiring Crossbeam, Blue Coat is laying the foundation for a broader strategy to transform the way businesses secure and optimize their networks.

“Our service provider and enterprise customers are excited we are bringing together two complementary technologies,” said Greg Clark, chief executive officer at Blue Coat Systems.  “With Crossbeam, Blue Coat gainsa best-in-class support infrastructure and a high performing platform that scales to meet the needs of even the most complex enterprise IT environments.”

New customer initiatives and an increasing number of devices accessing rich media content are driving the need for more capacity and performance in the network.  Enabling these initiatives, however, often requires investments in additional networking and security solutions.  For enterprises, being able to deploy these new solutions into their existing security environment is crucial.

“As enterprises seek to improve corporate agility with mobile and cloud-based solutions, the dual demands for greater capacity and improved threat response force enterprises into a cycle of constantly expanding networking and security infrastructures,” said Christian Christiansen, IDC’s program vice president of security products & services.  “Blue Coat and Crossbeam have a history of embracing emerging security ecosystems, and this acquisition potentially enables customers to further tap into even more synergistic security and networking solutions.”

Together, Blue Coat and Crossbeam will continue to embrace an open ecosystem and support best-of-breed ISV applications that allow customers to cost effectively deploy the security solutions that best fit their needs. The acquisition is expected to close on December 31, 2012.

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