Sonicwall buys SSL VPN vendor Aventail
By Rene Millman,
IT security appliance firm Sonicwall is to acquire SSL VPN company Aventail in a $25m (£12.5m) cash deal.
The deal, expected to close this July, is to have no bearing on Sonicwall's second quarter revenues, which it expects to be around $45 and $47m. The sales are made up of firewall, unified threat management, filtering and other security products.
Sonicwall already has IPSec VPN products in its portfolio, so the addition of SSL-based products, which allow users to access corporate resources remotely via a web interface, is complementary.
"We will compete more effectively in the remote access space, building on complementary elements in our two organisations, and offer new solutions that enhance our relevance for today's dynamic enterprise," said Matthew Medeiros, president and chief executive officer at Sonicwall.
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