SnapGear Acquired Again; CEO Gives Background | Linux Today

SnapGear Acquired Again; CEO Gives Background

Written By
RC
Richard Chirgwin
Nov 17, 2003

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)…”

Complete
Story

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…”


Complete Story

RC

Richard Chirgwin

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