Monday, January 3, 2011

Sourcefire Acquires Immunet for Cloud-based Security

Sourcefire has acquired Immunet, a leading provider of advanced cloud-based anti-malware technologies, for $21 million in cash.

Immunet combines the collective intelligence of a growing user community, the speed of cloud computing, advanced data mining, and machine learning technologies. It has a subscription-based business model.

Sourcefire said the acquisition enables it to provide endpoint protection from client-side attacks and Advanced Persistent Threats (APT). The cloud-based platform also enables innovative approaches to reputation services, data loss prevention and forensics. The solution will be combined with Sourcefire's next generation network intrusion prevention system (IPS).

Sourcefire currently expects Immunet to be dilutive to 2011 adjusted net income per diluted share by approximately $0.10.

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