|[April 21, 2014]
Total Defense Announces Merger of Consumer Business and Launches Stand-alone Corporate Cloud Business
REDWOOD SHORES, Calif. --(Business Wire)--
Defense, Inc., a leading Internet security company, has entered into
an agreement with Untangle,
Inc., a leading network software and appliance company, whereby
Untangle will merge with its consumer (B2C) business line. In
conjunction with this transaction, a new company has been formed under
the brand name iSheriff.
iSheriff will continue to develop and market industry-leading cloud
security solutions that thousands of Managed Service Providers (MSPs)
and small-to-medium enterprises (SMEs) rely upon every day. The moves,
which are fueled by significant additional capital, will result in
increased focus and investment in both businesses.
Total Defense's Commercial Solutions Division, now iSheriff, offers
security-as-a-service solutions for today's security and compliance
challenges, with a focus on the market segment that needs it the most -
the SME. The company solves the security point product problem for SMEs
by delivering an end-to-end security solution, through the cloud, with
single-pane of glass visibility and control. iSheriff is the only
content security solution that gives SMEs complete visibility into, and
control over, the security of their data and devices - wherever and
however they are connecting.
"Over the last few years, the Total Defense brand has become synonymous
with comprehensive protection of the digital assets that we've all come
to rely upon, in both corporate and consumer settings," sid Paul
Lipman, CEO, iSheriff. "This transaction is a win-win for both our
consumer and corporate partners and customers. Consumer partners and
customers will benefit from access to a broader range of products, and
from the resources that Untangle will invest in the research and
development. Corporate customers and partners will benefit from the
increased investment levels that iSheriff will be putting behind product
and channel development, and from other key changes that we will be
shortly announcing to accelerate growth and further enhance customer
Total Defense's Consumer Solutions Division, now part of Untangle, is a
trusted leader in securing and managing endpoint devices in the consumer
and SOHO markets with a suite of products including Internet security,
anti-virus, mobile security, PC tune-up and online backup. Untangle is
an innovator in networking and security software and gateway appliances
for the "below-enterprise" segment extending from SOHO to the
mid-market. The combined companies will share expertise and resources to
accelerate time-to-market for key features while delivering cutting-edge
products to customers and partners.
"Total Defense and Untangle both see an opportunity in the future of the
consumer market as the home becomes a more complicated and diverse
network of Internet-enabled devices," said Larry Guerin, General Manager
of Total Defense. "Both gateway and endpoint software solutions will be
required to address the security needs of this new environment.
Combined, the companies will be able to leverage each others'
technologies to develop innovative solutions that protect these new
smart homes, bringing enterprise-grade solutions to the modern digital
Signal Hill served as advisors to Total Defense on this transaction.
iSheriff is the leading provider of content and endpoint security from
the cloud. We keep organizations and individuals safe from cybercrime,
malware and digital threats. Thousands of businesses across a wide array
of industries have deployed our solutions, including some of the most
sophisticated buyers of security technology worldwide. iSheriff has
operations in New York, California, Ireland and Asia. For more
information, please visit www.isheriff.com.
About Total Defense
Total Defense is a global leader in Internet security. The company
develops Internet and threat management solutions that defend millions
of consumers and small businesses across the world. Total Defense offers
cutting edge multi-layered protection for PCs, tablets and mobile
devices that protects against online threats and is easy to install and
use. Wherever you are, and whatever type of device you're using to
access the Internet, Total Defense provides complete protection. More
information can be found at totaldefense.com.
Untangle, a network software and appliance company, provides the most
complete multi-function firewall and Internet management application
suite available today. Designed to meet the network policy demands of
organizations large and small, Untangle's award-winning software now
also ships on easy-to-deploy appliances. Untangle's proven network
software solutions are installed in nearly 40,000 organizations,
protecting more than 2 million people and their computers. With its
"freemium" try-before-you-buy approach, Untangle enables organizations
to take control of their network within minutes and at no risk. Untangle
is located in Sunnyvale, California. For more information, visit untangle.com.
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