Feeds

Sales up but profits down at Sophos

Investments take bite from cash

Choosing a cloud hosting partner with confidence

In brief UK-based security firm Sophos announced plans to launch centrally-managed client firewall and adware detection and removal products on Monday as it reported an increase in annual turnover of 19.2 per cent to £66.2 million ($122.6 million USD) for the year ending March 2005.

Although Sophos exceeded its growth expectations its profits slipped from from £6.8m in 2004 to £3.1m this year. The firm says the drop in profits reflects an increase in investment in engineering and its North American operations as well as costs associated with the construction of its new HQ and deferred costs associated with its September 2003 acquisition of Canadian anti-spam firm ActiveState.

Sophos specialises in selling integrated IT security products to defend against threats such as computer viruses and spam. The last fiscal year saw Sophos's global workforce rise to 925 employees - an increase of 26 per cent on the previous year. New recruits include industry veteran Mark Harris who recently left rival McAfee to become global director of SophosLabs. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Regin: The super-spyware the security industry has been silent about
NSA fingered as likely source of complex malware family
Why did it take antivirus giants YEARS to drill into super-scary Regin? Symantec responds...
FYI this isn't just going to target Windows, Linux and OS X fans
Privacy bods offer GOV SPY VICTIMS a FREE SPYWARE SNIFFER
Looks for gov malware that evades most antivirus
Patch NOW! Microsoft slings emergency bug fix at Windows admins
Vulnerability promotes lusers to domain overlords ... oops
HACKERS can DELETE SURVEILLANCE DVRS remotely – report
Hikvision devices wide open to hacking, claim securobods
'Regin': The 'New Stuxnet' spook-grade SOFTWARE WEAPON described
'A degree of technical competence rarely seen'
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.