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PatchLink Completes SecureWave Acquistion

  • 14 July, 2007 08:40

<p>PatchLink Corporation, a global leader in security and vulnerability management, today announced it has completed an all stock merger with SecureWave, a worldwide leading provider of endpoint security solutions to more than 1,700 customers worldwide. Financial details of the transaction were not disclosed.</p>
<p>The new combined entity will not only further enhance PatchLink’s reputation in their current market space, but also capitalise on the complementary strengths of each company, creating a global, world-class company poised and able to address its customers’ entire security management lifecycle. This includes asset discovery and inventory, real time vulnerability assessment, patching and remediation, network access control, endpoint control and enterprise compliance reporting.</p>
<p>Chairman and CEO of PatchLink Patrick Clawson stated: “This merger opens a new and exciting chapter in PatchLink’s history and positions the company as one of the largest, privately held information security companies in the world. This new structure successfully expands our geographic footprint, consolidates enterprise-class solutions and helps us grow our revenue.”</p>
<p>“As we drive greater innovation to shape and define the future of our industry, we will continue to build on our heritage of delivering world class customer service and best-of-breed product portfolio that will enhance and protect our customers’ enterprise data and IT assets.”</p>
<p><b>Note to Editor</b></p>
<p>Should you wish to interview Chris Wood Director PatchLink ANZ and discuss how this will effect PatchLink and the industry locally, please contact Sarah on 02 9212 3848 or sarah@kinetics.com.au.</p>
<p><b>About PatchLink® Corporation</b></p>
<p>PatchLink, a global leader in vulnerability management solutions, provides the industry’s first comprehensive security platform for unified protection and control of all enterprise servers and endpoints. More than 5,000 organisations around the globe use PatchLink’s positive security model solutions to integrate management and administration, consolidate infrastructure, enforce enterprise-level policies, lower cost of ownership and reduce risk. PatchLink is headquartered in Scottsdale, Arisona and was founded in 1991 by Sean Moshir.</p>
<p>©2007 PatchLink Corporation. All rights reserved. PatchLink, SecureWave, the PatchLink logo, and the PatchLink and Sanctuary product names and logos are either registered trademarks or trademarks of PatchLink Corporation. In addition, other companies' names and products mentioned in this document, if any, may be either registered trademarks or trademarks of their respective owners.</p>

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