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SnapGear Acquired Again; CEO Gives Background

Nov 17, 2003, 11:30 (0 Talkback[s])
(Other stories by Richard Chirgwin)


Desktop-as-a-Service Designed for Any Cloud ? Nutanix Frame

LinuxDevices: Embedded Linux Security and uClinux Specialist SnapGear Acquired

"One of the world's first embedded Linux companies has just announced that it is being acquired (again). Embedded Linux security device vendor and security-oriented Linux developer SnapGear has agreed to be acquired by CyberGuard Corp. for approximately $16 million. CyberGuard says SnapGear's line of edge-oriented security devices complements its high-end application-level firewalls and VPNs for the enterprise core, and that SnapGear's complementary distribution channel will enable it to compete with the largest security appliance providers. SnapGear says it plans to continue its involvement with uClinux, its contributions to open source, and its device design and original equipment manufacturing (OEM) activities.

"Australia-based Snapgear began in 1995 as device maker Moreton Bay, before its acquisition by Lineo. Despite its strength in developing uClinux-based security solutions, the former Moreton Bay group's focus was primarily hardware-oriented, so Lineo spun it back out under the 'SnapGear' name during Lineo's strategic shift toward software and tools (prior to Lineo's subsequent acquisition by Metrowerks)..."

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CommsWorld: Stevenson On CyberGuard

"CommsWorld: What brought SnapGear to CyberGuard's attention?

"Stevenson: CyberGuard was an OEM prospect for us at one stage. We do about 60% of our business through OEMs rather than under our own name, and they evaluated our products as an option..."

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