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St. Bernard Software Acquires Singlefin
SAN DIEGO -- St. Bernard Software, a global provider of security solutions for small- and medium-sized enterprises (SMEs), announced it has signed a definitive agreement to acquire Singlefin, a provider of managed security and business services. Singlefin delivers on-demand email filtering, Web filtering and instant messaging (IM) management as a hosted or ‘in the cloud’ service and is focused on the SME customer segment.
The acquisition strategically enhances St. Bernard's unique position a provider of appliance, software and on-demand delivered security solutions into the SME market. With compounded annual growth rates of over 26% through 2009 (source: IDC, 2005), the on-demand security services space is ranked by industry analysts as among the fastest growing segments in the security market. Moreover, the acquisition reinforces St. Bernard Software's commitment to serving the SME market by significantly enhancing the security solutions the company will offer in secure content management, data security, and business continuity, providing true industry leading choice to current and future customers.
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