UK based security and data protection company Sophos, today said it has agreed to buy Astaro, a privately held provider of network security solutions.
The market for multi-function security appliances has continued to grow because organizations of all sizes want better protection against security threats and need to support their users and distributed workplaces in a comprehensive, easy to use, efficient way.
According Steve Munford, Chief Executive Officer, Sophos, “The combination of Astaro’s comprehensive portfolio of network security solutions alongside our endpoint, mobile, and email and web threat and data protection capabilities will enable us to continue to deliver on our vision of providing complete security without complexity wherever the user and company data resides.”
According to IDC, the market for unified threat management was approximately $2 billion worldwide in 2010, with a CAGR of 13% 2010-2014 .
“We are excited to join forces with Sophos, as we share a common mission and passion for providing the most comprehensive security solutions that are also easy to use. Together, we will deliver to customers the ability to apply consistent security and web and application controls regardless of where the user is or where the network boundary may lie.” said, Jan Hichert, Chief Executive Officer, Astaro.
