Blue Coat second company to buy Crossbeam Systems in recent weeks

Blue Coat is interested tapping Crossbeam's telecom provider customers for more business

Blue Coat Systems Monday announced an agreement to acquire Crossbeam Systems for an undisclosed amount by year-end. This would mark the second time Crossbeam has been acquired in 2012, with private equity firm Thoma Bravo acquiring it just last month.

Blue Coat makes Web security and WAN optimization gear, and Crossbeam is known for its specialized high-end X-Series hardware that supports software of several third-party security vendors, including Check Point, McAfee, IBM, Imperva, Sophos and Trend Micro. Blue Coat President and COO David Murphy says there are no plans to change this security software support, and in fact Blue Coat will be looking at how to expand into other application areas, such as forensics and analysis.

The Crossbeam X-Series platform does not currently support Blue Coat security applications but that appears likely to change. Murphy says Blue Coat will continue to offer its traditional line of products in any event.

Murphy points out that Blue Coat has approximately 15,000 customers, while Crossbeam's number can be counted as "several hundred." Known Crossbeam customers are BT, Cell C, Motel 6, NTT Globe Telecom and Volkswagen. Blue Coat is interested tapping Crossbeam's telecom provider customers for more business once the acquisition is finalized.

As for Thomas Bravo flipping Crossbeam to Blue Coat just a month after buying the company, Murphy would only say that Blue Coat had long been interested in acquiring Crossbeam, but that it hadn't engaged in any bidding war earlier. Murphy says that investment firms can move quickly, and that it's viewed as positive that Thoma Bravo went through the acquisition process since a lot of necessary disclosures and vetting have just taken place. He declines to say how profitable this brief ownership of Crossbeam will have been for Thoma Bravo.

Tags business issuesblue coatIBMweb securitymergersMergers and acquisitionssophoscorporate issuesImpervamcafeeCrossbeamsecuritytrend microacquisitionsBlue Coat Systems

More about Blue Coat SystemsbravoBT AustralasiaCheck Point Software TechnologiesCrossbeam SystemsGlobe TelecomIBM AustraliaImpervaMcAfee AustraliaNTT AustraliaSophosTrend Micro AustraliaVolkswagen Australia

ARN Directory | Distributors relevant to this article

ARN Directory | Vendors relevant to this article

Comments

Comments are now closed

 

Latest News

04:00PM
Over a quarter of Australians won’t bank on their mobile: Kaspersky
12:30PM
HDS A/NZ Partner Summit 2014 in Noosa (+15 photos)
12:28PM
The Google shakeup continues: Andy Rubin is out
12:09PM
Impact Systems boss wants to buy 10 resellers
More News
05 Nov
LIVE Webcast: Lessons Learned from the Biggest Security Breaches
05 Nov
vForum 2014
10 Nov
Ascom Myco Launch Event
11 Nov
DCIM Certified Solutions Professional
View all events