SurfControl shareholders give Websense the green light

Acquisition proposal given almost unanimous approval by shareholders

SurfControl shareholders have given an almost unanimous thumbs-up to the proposed acquisition of the company by web security vendor Websense.

At a shareholders’ meeting yesterday, holders of more than 99 per cent of the ordinary shares voted in favour of the transaction.

It is anticipated that a court hearing to sanction the acquisition will be held on or around 2 October, and that the acquisition will become effective the following day.

Gene Hodges, chief executive of Websense, said: “The combination of Websense and SurfControl is expected to benefit customers, partners and shareholders by creating an IT security solutions company with the scale and product portfolio to compete more effectively with large global security software companies.

“We thank the SuftControl board and management team for their ongoing support leading to the shareholder vote. We’re pleased SurfControl shareholders have approved the acquisition and we look forward to closing in October.”