Boston Meridian is pleased to announce the sale of Perspecsys to Blue Coat Systems. Perspecsys is a leading provider of Cloud Data Protection solutions that help organizations protect sensitive information in the Cloud. The Perspecsys platform solves the key business risks and data protection requirements associated with data compliance, privacy and security for enterprises as they adopt Cloud applications. The Company is recognized as a leading provider of both tokenization and encryption, putting enterprises in complete control of their data at all times and effectively making the public Cloud private.
“Perspecsys has delivered an approach for encrypting and tokenizing data in the cloud that can actually be used in the real world by global customers, making it a disruptive force in the market and a great addition to Blue Coat,” said Greg Clark, Blue Coat CEO. “In summary, Perspecsys’ capability reduces corporate cyber-crime risk. Management of data at rest via tokenizing or encrypting is rapidly becoming a critical element of cyber defense for both corporate owned infrastructure and cloud applications.”
Boston Meridian acted as sole financial advisor to Perspecsys.
Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.