IronPort set to acquire PostX

Security vendor consolidation continues apace with all stock transaction. IronPort will continue to sell Postex te

Internet gateway security vendor IronPort has announced it will acquire email encryption vendor PostX Corporation in an all stock transaction.

Once the acquisition has completed, IronPort has revealed it will continue to sell PostX technology as ‘PostX Secure Envelope’ and also intends to continue supporting and growing the PostX OEM business.

Scott Weiss, chief executive of IronPort said: “Our success is driven by the fact that we listen to our customers. They evaluated the email encryption systems on the market and, time and again, they chose PostX. They frequently asked us to more deeply embed PostX technology into our IronPort appliances. This acquisition will allow us to reliably deliver what customers want.”

Cayce Ullman, chief executive of PostX said: “We have been working with IronPort Systems to meet the security needs of the largest corporations in the world. From our vantage point, this is an unbeatable combination. We feel right at home as part of the IronPort family.”