Symantec Acquires SafeWeb

Oct 21, 2003


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Symantec Corp. has announced the acquisition of SafeWeb, Inc., a provider of SSL VPN appliances, for $26 million in cash. The acquisition brings to Symantec SafeWeb's Secure Extranet Appliance technology designed to reduce the cost and complexity of deploying, managing, and maintaining secure access to remote users.

Symantec intends to offer the SafeWeb SSL-based VPN technology on the Symantec appliance platforms as a standalone offering beginning in the first quarter of 2004.  In addition, Symantec plans to integrate the clientless VPN capabilities into the next version of the Symantec Gateway Security Appliance series later in 2004.

SafeWeb's SEA Tsunami is an SSL VPN appliance that enables companies to selectively grant secure remote access to network resources without the need to install additional software on the remote user's computer. Remote users can access virtually any application (Web, terminal, Outlook, Lotus Notes, legacy client/server) as well as email, file servers, and printers.

(http://www.safewebinc.com), (http://www.symantec.com)