Secure content vendor Blue Coat Systems has signed a definitive agreement to acquire endpoint security firm Permeo Technologies for approximately $60.8m.
The closing of the acquisition is subject to customary conditions and is expected to occur in approximately 60 days.
As a result of the acquisition Permeo’s on-demand endpoint access, security and information protection technology will be integrated with the Blue Coat ProxySG family of proxy appliances.
Brian NeSmith, chief executive of Blue Coat Systems said: “The enterprise workforce is increasingly more mobile and outside of the traditional corporate network but still requires the same level of protection and control. The technology from Permeo helps us extend our proxy infrastructure for application and security services all the way to the endpoint of the virtual enterprise.”
Michael Bennett, chief executive of Permeo said: “Permeo has provided secure access and information protection solutions for both managed and unmanaged endpoints to many of the world’s largest enterprises. Combining our on-demand delivery technology for application and security services with Blue Coat’s market-leading proxy infrastructure solutions will give customers a whole new level of end-to-end secure content and application delivery.”
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