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Secure Computing buys CipherTrust; SCUR drops 36 percent

Started by bengross · 12 months ago

Secure Computing, a San Jose, Calif.-based network security company best known for its firewalls, appliances, and Sidewinder product line, will pay $185 million in cash, 10 million shares of Secure Computing stock, and a $10 million note contingent on performance for CipherTrust, an anti-spam appliance vendor. Not a great exit for investors in that one [...] ... Continue reading »

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