Protegrity Acquires Omnisecure, A Leader In File-Level Security
Stamford, CT, and Santa Clara, CA, March 23, 2006 — Protegrity Corporation, a leading provider of data security management solutions, today announced the acquisition of OmniSecure, a privately held data security company based in Santa Clara, California and Zhu Hai, China. Financial terms of the deal were not disclosed.
Founded in 2000, OmniSecure, developed a fundamental patented approach to file-level encryption which provides transparent encryption to protect sensitive data in files (images, applications, databases). Protection extends to include servers, backup tapes and storage systems. The company’s core product, VPDisk protects files at the kernel level, providing for transparency and speed without requiring changes to existing applications.
Gordon Rapkin, president and CEO of Protegrity, said, “This is a significant expansion for our company and OmniSecure is an excellent strategic fit. Sensitive data is pervasive throughout organizations in applications, databases, files, backup and storage, and it must be protected wherever it resides. Protegrity delivers enterprise-wide data security management solutions to meet industry and regulatory compliance obligations. With OmniSecure, we now protect information in structured databases as well as unstructured files, and we are the only company that delivers such a comprehensive solution.”
Roland Chu, OmniSecure’s president, CEO and co-founder, assumes the newly created position of Vice President and Regional Manager of Asia Pacific, leading Protegrity’s expansion into the Asia Pacific market. “This transition marks a significant milestone in the evolution of our company,” he said. “Both companies have generated outstanding business results for our customers and as a combined force, our opportunities for growth and providing powerful solutions to solve data security problems are significantly enhanced. Protegrity clearly has a leadership position, and we share a common vision for how we can leverage this success in other parts of the world.”
The acquisition of OmniSecure comes seven months after Protegrity acquired Kavado, a leading application security vendor. The recent release of Protegrity’s Defiance(TM) 4.0 Security Suite is the first integrated release that covers both application and database security. OmniSecure’s products augment Protegrity’s Defiance Security Software suite, adding file-level security that will integrate into Protegrity’s consistent security policy, reporting and management console.
Jon Oltsik, Senior Analyst at Enterprise Strategy Group, noted, “Companies are looking for strategic security vendors to work with when it comes to protecting their data. Protegrity is one of the only data security companies to combine these key elements of data security into one solution and offer it to organizations on a global basis.”
The company is expanding its global footprint by welcoming all 20 OmniSecure employees and keeping offices in Santa Clara, CA, and Zhu Hai, China. Protegrity now has over 90 employees and over 300 clients worldwide. Corporate headquarters are in Stamford, CT, with R&D and product support offices in China, Israel, Sweden, and Santa Clara, CA . VARs represent Protegrity in South America, Europe, Middle East, Hong Kong, Japan, South Korea, Singapore, and Taiwan.
Protegrity Corporation delivers end-to-end protection for applications and sensitive data, enabling companies to deploy comprehensive security policies with centralized management and auditing. Protegrity is committed to protecting sensitive data wherever it resides in today’s highly distributed and heterogeneous computing environments.
Protegrity empowers management to take responsibility for sensitive data by mitigating legal and financial risks associated with security breaches and assuring compliance with regulatory requirements for data security.
For more than eight years, Protegrity’s award-winning technology has enabled customers to address and resolve critical security challenges. Protegrity invented the core technology used for data-level encryption and owns key patents for database and application security and protection. For more information, visit www.protegrity.com or call 203.326.7200 x1004.