Showing posts with label Start-up. Show all posts
Showing posts with label Start-up. Show all posts

Monday, July 2, 2012

Ixia Acquires Breaking Point Systems for Security Stress Testing

Ixia agreed to acquire BreakingPoint Systems, which specializes in security testing, for $160 million in cash.

BreakingPoint's Actionable Security Intelligence (ASI) provides global visibility into emerging threats, and actionable insight to harden and maintain resilient defenses. BreakingPoint's FireStorm appliances simulates hundreds of stateful applications and provides the ultimate application control necessary to stress deep packet inspection (DPI) devices. The 3-slot BreakingPoint FireStorm can create 90 million simultaneous wired and wireless users at live network speeds of up to 120 Gbps.

The company's platforms are kept current via an intelligence subscription service that regularly pushes newly discovered attacks, malware, and other intelligence aggregated from proprietary research, strategic customer relationships, and carrier feeds.

BreakingPoint is based in Austin, Texas.

Ixia said the acquisition enables it to provide an end-to-end solution that monitors, tests, and optimizes converged networks.

The company's noted that BreakingPoint grew revenue over 40 percent in calendar 2011 to $33.5 million while generating gross margin of 87 percent for the year. For calendar 2012, Ixia expects BreakingPoint’s revenue to again grow by more than 40 percent, and anticipates that the BreakingPoint transaction will be accretive to non-GAAP earnings in the first full quarter of operations after the acquisition closes. Non-GAAP earnings exclude stock-based compensation, amortization of acquired intangible assets, and other non-recurring charges, net of the applicable tax effects.

"As a leader in cyber security research, BreakingPoint has built a library of more than 34,000 attacks, exploits, malware, and more,” said Dennis Cox, co-founder and Chief Technology Officer of BreakingPoint. “Joining forces with Ixia creates a powerful platform in security and application testing – one with an extensive global sales reach into enterprises, service providers, and government agencies."

Ixia also updated its revenue guidance for the second quarter of 2012 to a range of $87 million to $89 million for its core business. This compares to the previously stated guidance of $86 million to $89 million. In addition to this amount, Ixia expects its recent Anue Systems, Inc. acquisition to add approximately $3 million to $4 million in additional revenue in the second quarter for the period from the June 1, 2012 acquisition closing date to June 30, 2012.
Some other recent acquisitions of testing firms:

  • In May 2012, Ixia agreed to acquire Anue Systems, which offers a network monitoring solutions, for $145 million in cash. Anue Systems offers a Net Tool Optimizer that provides traffic visibility for Service Providers and enterprises by enabling test tools to access taps across the network. Anue aggregates and filters network traffic to optimize network monitoring tool usage. Anue also can replicate network traffic from a single tap or SPAN port and send it to multiple monitoring tools simultaneously. The company was founded in 2002 and is based in Austin, Texas.
  • In April 2012, Danaher Corporation agreed to acquire VSS Monitoring, a privately-held company based in San Mateo, California, for its distributed traffic capture system for network and security monitoring. The company's Distributed Traffic Capture Systems provide an intelligent and robust platform for centralized monitoring, tool optimization, and scalability for the network monitoring and security infrastructure. VSS Monitoring optimizes the way data is extracted from high speed networks and then intelligently groomed and distributed to the eco-system of tools that require this data. Financial terms were not disclosed.
  • In April 2012, Spirent Communications agreed to acquire Mu Dynamics, which offers a network security and application performance testing tools, for $40.0 million in cash. Mu Studio, the company's flag ship product line, enables performance and security testing of cloud infrastructure, including network security systems, deep packet inspection (DPI) solutions, and LTE networks. Its Blitz is a self-service load and performance testing solution for cloud applications. Mu TestCloud compiles thousands of ready-to-runs tests, covering hundreds of applications.
  • In 2011, Ixia acquired VeriWave, a performance testing company for wireless LAN (WLAN) and Wi-Fi enabled smart devices, for an undisclosed sum. VeriWave wireless test solutions validate Wi-Fi networks, smart devices, and applications by benchmarking and measuring speed, quality, interoperability, compliance, and other pivotal aspects of wireless performance.

VMware to Acquire DynamicOps for Cloud Mgt Features

VMware will acquire DynamicOps, a provider of cloud automation solutions that enable provisioning and management of IT services across heterogeneous environments – VMware-based private and public clouds, physical infrastructures, multiple hypervisors and Amazon Web Services. Financial terms were not disclosed.

DynamicOps originated in 2008 as a spin-off of Credit Suisse’s IT unit, which had developed Virtual Resource Manager (VRM) software to address the operational and governance challenges of rolling out virtualization technology across a global organization comprising several distinct businesses. The company is based in Burlington, MA.

VMware said customers that have standardized their private and public clouds on VMware vSphere should continue to rely on VMware vCloud Director to enable aggregation and management of virtual and cloud resources. For those with requirements beyond VMware-only environments, DynamicOps builds on the capabilities of vCloud Director by enabling customers to consume multi-cloud resources (e.g., physical environments, Hyper-V- and Xen-based hypervisors, and Amazon EC2).

"As IT organizations evolve from builders to brokers of services many seek to provide access to diverse cloud resources in a controlled, managed fashion,” said Ramin Sayar, vice president and general manager, Virtualization and Cloud Management, VMware. “DynamicOps’ multi-cloud and multi-platform capabilities help to strengthen VMware’s position as the infrastructure and management vendor of choice for cloud computing."

Thursday, May 17, 2012

NextIO Raises $12.3 Million for Data Center I/O

NextIO, a start-up based in Austin, Texas, raised $12.3 million in a Series F funding round for its data center solutions.

NextIO offer a portfolio of rack-level I/O consolidation solutions for datacenter network consolidation, GPGPU computing, and high-performance storage. The newest product in the NextIO portfolio is the vNET I/O Maestro, which provides server connectivity at the rack level to both Ethernet and Fibre Channel networks without the need for changes in governance models or proprietary, hard to support I/O drivers.

Wednesday, May 9, 2012

Polaris Wireless Develops High-Accuracy Mobile Location Surveillance App

Polaris Wireless introduced a mobile location surveillance application for providing accurate mass location of all mobile devices operating on a cellular network, on-demand location, subscriber device tracking, and geo-fence capabilities to field agents on their mobile devices.

Altus Mobile is powered by Polaris Wireless Location Signatures technology and is the latest feature of Altus, the company's intelligent surveillance application suite for law enforcement and intelligence agencies worldwide.   Altus is the industry's only software-based surveillance solution that enables accurate mass location - providing users the ability to simultaneously locate all subscriber devices in a wireless network in real time and on a historical basis. The Wireless Location Signatures (WLS) technology identifies the location of a wireless device to within 50 meters, even in tough urban and indoor environments.

Altus Mobile allows field agents to simultaneously track suspects on a Smartphone or tablet, and make life-or-death decisions in real time by receiving up-to-date intelligence from headquarters, such as:

  • Past and current locations of suspects

  • Locations where two or more suspects meet

  • Occasions where suspects enter/exit a restricted area

  • Visualization of suspects' surroundings by augmented reality

  • Nearby locations of authorities (police, military, etc.)

See also