Feeds

SurfControl snaps up BlackSpider

Managed security services push

SANS - Survey on application security programs

UK-based net security firm SurfControl has bought email filtering firm BlackSpider for around £20m plus an agreement to take on £1.2m in short-term debts.

SurfControl said the deal would allow it to add an on-demand email and web security service to its portfolio. BlackSpider said the agreement will help the sale of its services beyond its client base in Europe, into regions such as the US and Asia Pacific.

SurfControl is best known for its URL filtering technology but it also plays in the anti-spam and anti-virus markets. The BlackSpider deal allows SurfControl to add on-demand security services and appliance technology to its existing client-based software technology.

BlackSpider competes with firms such as MessageLabs and Postini in offering on-demand security services in the network or "cloud". Its services protect organisations from email and web-based threats, such as spam, viruses, spyware, phishing/pharming attacks and inappropriate content before they reach corporate networks. BlackSpider also sells services that allow firms to control employee web access and encrypt email for secure communications. It has 1,200 customers including O2, LogicaCMG, Johnson Matthey and Panasonic.

For the year ending 30 June, BlackSpider's un-audited revenues came in at £4m and its pre-tax loss was £3.3m. SurfControl said it expects to reduce BlackSpider's pre-tax losses over time to the point where it makes a positive contribution to cash flow and profits by the end of its current tax year (Q407).

In a trading update, SurfControl said trading in its Q406 had progressed well, with bookings up five per cent. The firm expects to report revenue and profits in line with previous guidance when it announces its results in September this year. ®

High performance access to file storage

More from The Register

next story
Parent gabfest Mumsnet hit by SSL bug: My heart bleeds, grins hacker
Natter-board tells middle-class Britain to purée its passwords
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.