SAIC Buys CloudShield TechnologiesBy Ericka Chickowski | Posted 2010-01-19 Email Print
CloudShield specializes in public sector work, as well as in serving the security service provider market with tools to manage their own clients' environments.
Science Applications and International Corporation (SAIC) last week bolstered its IT security play with the acquisition of the cybersecurity services-oriented CloudShield Technologies.
Like SAIC, CloudShield specializes in public sector work, as well as in serving the security service provider market with tools to manage their own clients' environments. CloudShield provides infrastructure security solutions and services management to this portfolio of clients. Much of its business is built off of its home-grown deep packet inspection (DPI) platform and applications. Designed to give customers the ability to analyze and control network traffic, help them lower security costs while securing infrastructure, and, in the case of service providers, to generate new revenue streams.
"As the technological landscape becomes more complex, our customers need to identify new ways to manage high-bandwidth IP-based data services," Matt Jones, CEO of CloudShield , said in a statement. "The increasing demands of file sharing, steaming videos and other services on existing infrastructure are driving the sales of our solutions."
Prior to the acquisition, CloudShield was the only DPI vendor that offered ISVs, SIs and end-customers the ability to write applications on top of its hardware platform solutions utilizing its own open, network-processing language. Though SAIC hasn't let on how the acquisition will affect its strategy within the service provider and ISV market, it did say that it will be placing CloudShield assets within the SAIC Intelligence and Information Solutions Business Unit, which is part of the Intelligence, Security and Technology Group.
"We are pleased to welcome CloudShield to SAIC and our cyber team," Stu Shea, leader of Intelligence, Security and Technology for SAIC, said in a statement. "This acquisition is an integral component of our enterprise cyber strategy and provides us with technology to help build a solid foundation for the development of solution-focused applications."
Financial details about the acquisition were undisclosed. SAIC expects to close on the deal in February 2010.