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AEP Networks to acquire V-ONE Corporation |
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Friday, 27 May 2005 |
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AEP Networks, the specialist in network and application access security, has announced it has entered into an agreement to acquire V-ONE Corporation. The acquisition is expected to close within 30 days. Terms of the transaction were not disclosed. V-ONE is an Internet security pioneer and one of the earliest commercial vendors of application layer SSL VPN technology that provides secure access to enterprise applications and data. V-ONE's products are widely used across diverse U.S. governmental agencies, including the Departments of Defense, Homeland Security, Justice and Treasury, and are deployed in critical infrastructure companies from the financial service, healthcare, transportation and high-tech sectors. By combining V-ONE's extensive public-sector customer base, expertise and select products with its own broad suite of secure networking solutions, AEP Networks is poised to offer one of the most comprehensive, cost-effective and secure solution portfolios available to the fast-growing public-sector IT marketplace. The V-ONE business will now become the AEP Networks Government Solutions Group.
www.aepnetworks.com.
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