Archives: Transactions

Boston Meridian Advises PerspecSys on its Sale to Blue Coat Systems

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.

Boston Meridian Advises Simeio Solutions on its investment by Welsh, Carson, Anderson & Stowe

Boston Meridian is pleased to announce a strategic investment in Simeio Solutions by Welsh, Carson, Anderson & Stowe. Simeio Solutions is a leading provider of end-to-end Identity and Access Management (“IAM”) solutions, including Identity-as-a-Service and Expert Managed Services. The Company is recognized as a leading IAM provider by industry analysts and provides a comprehensive IAM suite combining proprietary technology with industry-leading IAM products to deliver simplified user access to applications, improved security, and enhanced governance, risk and compliance across on-premise, Cloud, and hybrid technology environments.

“Simeio Solutions is uniquely positioned to capture the large and growing market for IAM solutions that has been created by the challenges of securing and managing increasingly complex, heterogeneous IT environments,” said Michael Donovan, a Welsh Carson General Partner. “Their highly differentiated solutions combined with a strong management team make Simeio an ideal platform for pursuing one of the fastest-growing segments of the global IT industry.“

Boston Meridian acted as sole financial advisor to Simeio Solutions.

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.

Boston Meridian Advises Vacation Home Rentals on its Sale to TripAdvisor

Boston Meridian is pleased to announce the sale of Vacation Home Rentals to TripAdvisor. Prior to the acquisition, Vacation Home Rentals was the largest independent vacation rental platform. The Company provides a platform for more than 14,000 online listings of vacation rentals for property owners and delivers affordable vacation rentals in all 50 states and in 89 countries for travelers. They are a top domain name in the industry with over 9 million visitors and 1 million guest property inquiries per year.

“We are thrilled to welcome Vacation Home Rentals to the TripAdvisor family,” said Dermot Halpin, TripAdvisor Vacation Rentals President. “The team delivers a great experience for both homeowners and travelers and the inventory is a valuable addition to our fast-growing business.”

Boston Meridian acted as sole financial advisor to Vacation Home Rentals.

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.

Industrial Defender is Acquired by Lockheed Martin

Boston Meridian is pleased to announce the sale of Industrial Defender to Lockheed Martin. Industrial Defender is a leading provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries. The company’s solutions, including Industrial Defender Automation Systems Manager™, help protect and manage critical infrastructure by reducing cyber risks, easing regulatory compliance and enhancing the efficiency of customers’ control environments. More than 400 companies in 25 countries rely on Industrial Defender’s solutions to monitor, manage and protect their operations.

“Industrial Defender’s expertise in cyber security for critical infrastructure is a natural extension of our commercial cyber security business,” said Marillyn Hewson, Lockheed Martin Chairman, President and CEO. “Their experience in addressing cyber threats to industrial control systems complements our information technology cyber security expertise and strengthens the value we deliver to our customers.”

Boston Meridian acted as sole financial advisor to Industrial Defender.

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.

 

OpenSky Corporation is Acquired by TÜV Rheinland

Boston Meridian is pleased to announce the sale of OpenSky Corporation to TÜV Rheinland. OpenSky is an independent IT consulting firm focused on Transformational IT Infrastructure, Security and Compliance services. OpenSky helps large enterprises streamline IT infrastructure, protect information assets and accelerate the adoption of strategic technologies. The company’s extensive technology expertise, combined with deep industry experience, allowed it to successfully deliver over 750 projects to Fortune 500 companies. OpenSky’s IT services will become an integral part of TÜV Rheinland’s extensive portfolio, allowing the company to further strengthen the leading third party certifier’s IT Information Services.

Boston Meridian acted as sole financial advisor to OpenSky Corporation.

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.

Solera Networks is Acquired by Blue Coat Systems

Boston Meridian is pleased to announce the sale of Solera Networks to Blue Coat Systems. Solera is the industry’s leading provider of big data security intelligence and analytics for advanced threat protection. The Solera DeepSee platform adds industry-leading security analytics and forensic capabilities to the Blue Coat product portfolio, delivering an end-to-end security solution that includes protection, remediation, and governance and gives enterprises complete visibility into the content and context of advanced targeted attacks. Solera’s real-time intelligence, security visibility and forensic capabilities combined with Blue Coat’s comprehensive Web-based threat intelligence capabilities give businesses the tools to proactively block threats and rapidly identify, respond and recover from a data breach or incident.

Boston Meridian acted as sole financial advisor to Solera Networks.

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.

NTT to Acquire Centerstance, a Leading Consulting and Salesforce.com Integrator Specializing in Helping Companies Identify and M

NTT, the world’s largest global IT and telecommunications services company, today announced it has entered into an agreement to acquire Centerstance, a leading US-based consulting and Salesforce.com integrator specializing in helping companies identify and move key business processes to the Cloud.

NTT continues its global expansion with revenues exceeding $130B and operating with 224,250 employees across 69 countries. With a strategic focus on Cloud Computing, NTT has increased its level of investment in Cloud-related innovations through group companies Dimension Data, NTT Communications and NTT DATA to provide clients solutions spanning a variety of Cloud service and delivery models. An extensive portfolio of Cloud solutions is enabled by capabilities that span the full applications lifecycle and managed infrastructure services leveraging one of the world’s largest IP backbones and a network of over 200 data centers.

As one of only a few Salesforce.com Platinum partners in the US, Centerstance is a fast-growing consulting company specializing in helping companies identify and move key business processes to the Cloud leveraging the Salesforce.com platform. Centerstance has completed over 2000 deployments for clients of all sizes, from small businesses to Fortune 500 companies.

“NTT is focused on becoming the leading partner of choice to help clients transform their business as they move to the Cloud. Through this M&A, NTT will be able to strengthen its consulting capability and migration capability which are necessary to achieve a cloud migration supporting customer needs.” commented President and CEO of NTT, Mr. Hiroo Unoura. “Additionally, it will be a driving power for NTT to approach global cloud business especially overseas as a pioneer providing cloud service immediately taking in leading edge technologies without being bounded by existing systems and technologies.”

With Centerstance and NTT Group companies working together, it will uniquely offer clients a single partner across the entire Cloud Computing landscape from strategy to implementation and management, applications and infrastructure, and from the data center to the network and out to mobile devices.

“We are pleased NTT has recognized the unique value that we offer our clients and the market” said Arne Kainu, Managing Partner of Centerstance. “We are excited to join the NTT family and collectively offer a compelling portfolio of solutions, technology innovations and partnerships that companies need to take full advantage of today’s promise of Cloud computing.”

The acquisition is expected to close by the end of October 2012. Upon closing, the company will operate as a wholly-owned subsidiary of NTT.

ABOUT NTT

NTT (Nippon Telegraph and Telephone Corporation) is the world’s largest global IT and telecommunications services company and is ranked 29th on Fortune’s Global 500 list. The company’s roots go back over 100 years to the introduction of the telegraph in Japan and focuses today on innovation in the cloud, mobility, network and communications. The company had operating revenues of US $130 billion for the fiscal year ended March 31, 2011 and employs 224,250 people worldwide. The company’s subsidiaries include Regional Communications Businesses: NTT EAST, NTT WEST, Mobile Communications Businesses: NTT DOCOMO, Long-Distance and International Communication Businesses: NTT Communications and Dimension Data, and Data Communication Businesses: NTT DATA. For more information, visit www.ntt.co.jp

ABOUT Centerstance

Centerstance is a consulting company specializing in business transformation through process improvement and application of cloud technologies. Unlike traditional system integrators or classic management consultants, their experts are firmly rooted in both worlds, enabling them to deliver optimal business solutions for their clients. Centerstance holds the unique designation of being one of only a few US Salesforce.com Platinum Cloud Alliance Partners, was recently recognized as one of SPI Research’s “Best of the Best” professional services firms, and was named in Inc.’s Fastest Growing Private Companies three years running. For more information, visit www.centerstance.com

Information is current as of the date of issue of the individual press release. Please be advised that information may be outdated after that point.

Acquisition of US Mobile Security Testing Specialist Intrepidus

NCC Group plc (LSE: NCC, “NCC Group” or “the Group), the international, independent provider of Escrow and Assurance Services, has acquired US-based Intrepidus Group, Inc. (“Intrepidus”), an independent security research and testing services provider primarily focused in the mobile telecommunications sector.

Highlights

  • Intrepidus is a leading US security testing services provider with many blue chip clients particularly in the telecommunications and financial services sectors
  • Provides a range of services to detect security flaws in mobile devices, applications, systems and networks, complementary to NCC Group’s existing capabilities
  • Substantially increases NCC Group’s presence in New York where it now has the largest testing team

Rob Cotton, NCC Group Chief Executive, said:

“Intrepidus is a highly respected business with an extremely strong presence in the rapidly growing mobile telecommunications sector.  

“This acquisition is an important strategic development for us as it considerably widens our range of offerings, as well as industry IP, and brings a number of new blue chip technology customers. 

“Intrepidus will further increase our profile and capabilities in the significant New York market where we now have the largest testing team.  It already has an excellent record of growth and we are confident that it will continue to thrive with the additional resources of the wider Group”

Acquisition of Intrepidus

Strategy

Over the last 12 years the Group has secured a leading global position in security research, testing, advice and forensics as well as web performance testing through a combination of organic and acquired growth.

The purchase of Intrepidus is the Group’s ninth in the network testing and software security space and the third in North America.  The acquisition will substantially strengthen and complement the Group’s position in New York where the Group now has the largest security testing team.

The acquisition will enable NCC Group to offer a wider technical offering in both Europe and North America, as well as a broader range of information security assurance services as Intrepidus complements the Group’s existing capabilities.

Intrepidus

Intrepidus is an independent security research and development firm, working with a number of large companies including wireless technology businesses and financial institutions to pinpoint and eradicate security flaws in mobile devices, applications, systems and networks, using a multitude of testing techniques.

Intrepidus was established in 2006, is headquartered in New York and has 19 employees, most of whom are testers.

Its clients include many blue chip organisations and 95% of its revenue is derived from the provision of services to the mobile telecommunications and financial services sectors. The business will be managed autonomously within the Group’s Assurance Division by the Intrepidus management team and will trade as Intrepidus, an NCC Group company.

McAfee Completes Acquisition of NitroSecurity

On November 30, 2011, McAfee completed its acquisition of privately owned NitroSecurity, a leading provider of security information and event management (SIEM) solutions that provide complete visibility and situational awareness to protect critical information and infrastructure. NitroSecurity’s solutions use a patented database engine to identify, correlate, and remediate threats faster than any other technology on the market. The acquisition enables McAfee to provide organizations with greater visibility into endpoint assets, network infrastructure, specific security threats and risks, and system vulnerabilities across the entire IT environment – via a single management platform.

SIEM technology provides real-time analysis of security alerts generated by network hardware, system events, and applications, and is used to log security data and generate reports for compliance purposes. NitroSecurity is a member of the McAfee Security Innovation Alliance and its SIEM technology has already passed integration testing with the McAfee ePolicy Orchestrator (McAfee ePO) management console. The addition of NitroSecurity’s SIEM solutions will further expand the capability of the McAfee ePO management console to view events, activity, and logs created by networks, databases, and applications, helping customers take immediate, decisive action to address threats and vulnerabilities.

The integration of NitroSecurity’s SIEM technologies into the McAfee product family will enable enterprises to:

  • Use a single platform for event analysis and management
  • Quickly identify, correlate, and remediate threats, mitigating risks to information and infrastructure
  • Analyze forensic log and event data created by networks, databases, and applications
  • Institute a range of monitoring and mitigation actions, such as issuing new configurations, implementing new policies, and deploying software updates

The acquisition of NitroSecurity gives McAfee a strong foothold into the rapidly growing SIEM market, which hit $987 million in 2010 according to Gartner, and expands McAfee’s opportunity in the risk and compliance market. “McAfee is focused on keeping customers safe with optimized security and risk management solutions,” said Stuart McClure, general manager and senior vice president of the Risk and Compliance business unit at McAfee. “With NitroSecurity’s technology and talent, McAfee can expand its reach into new markets, secure new platforms, and strengthen its hold as the leader in the security risk management market.”

NitroSecurity’s technologies are a natural fit with the McAfee security portfolio. “NitroSecurity’s technology supports a broad range of information sources, including network security devices, firewalls, operating system and application logs, vulnerability assessment scans, identity and access management systems, and privacy systems. It will complement the extensive McAfee security portfolio and help to meet the demanding compliance and protection needs of our joint customers,” said Ken Levine, chairman and chief executive officer of NitroSecurity.