[11625] in cryptography@c2.net mail archive
Microsoft acquires security software maker
daemon@ATHENA.MIT.EDU (jsimon@pop.sfrn.dnai.com)
Wed Sep 11 01:48:36 2002
In-Reply-To: <20020907135414.H41870-100000@greeves2.mfn.org>
Date: Tue, 10 Sep 2002 22:46:05 -0700
To: <cryptography@wasabisystems.com>
From: jsimon@pop.sfrn.dnai.com
http://www.infoworld.com/articles/hn/xml/02/09/10/020910hnxdegrees.xml
SAN FRANCISCO - Microsoft has acquired a small maker of security
software, strengthening its arsenal as it works to improve the
security and reliability of its products, the company confirmed
Tuesday.
Microsoft agreed to purchase all the assets of XDegrees for an
undisclosed amount, according to a statement issued by the start-up
software maker, in Mountain View, California. Some employees will
relocate to Microsoft's headquarters, in Redmond, Washington.
A Microsoft spokeswoman declined to comment on any other details of the deal.
XDegrees makes software to let users securely gain access to and
exchange information stored in enterprise computing systems. In
November it announced that it had tuned its products to work with
some of Microsoft's .Net software, including the Passport single
sign-on authentication service and the .Net Alerts technology.
Founded in 2000, XDegrees was backed by venture capital firms
Redpoint Ventures and Cambrian Ventures.
Matt Berger is a San Francisco-based correspondent for the IDG News
Service, an InfoWorld affiliate.
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