Feeds

US giant Juniper bites off webby arm of Basingstoke's security boys

Webscreen sale nets $10m for Brit security player Accumuli

Remote control for virtualized desktops

Brit managed security services player Accumuli has sold its Webscreen Systems Ltd (WSL) subsidiary to US giant Juniper Networks for $10m (£6.37m).

AIM-listed Accumuli picked up DDoS software maker WSL as part of the Boxing Orange acquisition it made in March 2011, a deal which cost it £5.48m in total - meaning that outlay has been more than covered.

As a result of the sale, Accumuli will retain rights to resell the software but hand development of the tech to a firm with a global platform.

"Accumuli's decision to divest the WSL business will allow the company to focus on its core strategy and competencies," said Gavin Lyons, CEO at Basingstoke-based Accumuli.

He said the cash haul from the sale gives Accumuli the funds to build market share in the security services sector and develop its intellectual property and platform.

Juniper veep of counter security David Koretz said in a scanned statement the buy gives Juniper another tool to protect "customers and their data centre".

WSL has only four full-time staffers, including three techies and a sales bod, all of whom will transfer with the business to the new owners. ®

Intelligent flash storage arrays

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
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?