Tuesday, April 21, 2009

Securityworks Acquired By Arizona Firm

An out-of-state security software maker has agreed to acquire Securityworks, a Dallas-based publisher of compliance and risk management applications, the purchasing company announced Monday. Financial terms of the transaction were not disclosed. The buyer--Arizona-based Lumension Security Inc.--explained that acquiring Securityworks will strengthen its position in the operational endpoint security vertical because it plans to integrate Securityworks' information technology compliance and risk management capabilities with its operational endpoint security solution suite. Lumension is headquartered in Scottsdale, Ariz., and maintains operations throughout the U.S. and across the globe.