RSS 1.0FTPplanet.com Blog
« An IP Security Gadget | Main | 2007: A Year of Record Data Breaches »
February 19, 2008
Ipswitch Acquires Standard Networks to Expand Secure File Transfer Solutions
Our parent company, Ipswitch Inc., announced today that it has acquired Standard Networks, a Wisconsin-based company, and leader in managed file transfer technologies.
This is a big step for Ipswitch and a first in the company's history. We're looking forward to working with Ipswitch as they expand their file transfer solutions into the larger, enterprise market with Standard Network's products such as MOVEit Central and MOVEit DMZ.
FTPPlanet will be monitoring the merge of the two companies and blog periodically on new WS_FTP and MOVEit product enhancements.
Ipswitch has posted a new page with more details, including common questions and answers. Click on the banner at the top of their website:
Here's the full Press Release:
LEXINGTON, MA--(Marketwire - February 19, 2008) - Ipswitch, Inc.'s File Transfer division, the leading developer of file transfer solutions, announced today that it has acquired Standard Networks, a key provider of mission-critical secure managed file and message transfer products for the enterprise. For the past 15 years more than 3 million users in the SOHO and SMB markets have relied on Ipswitch WS_FTP®, the industry's award-winning secure file transfer solution. With the addition of Standard Networks' MOVEit solution, Ipswitch is extending its reach into the enterprise, enabling it to deliver substantial value in each segment of the file transfer marketplace.
The new Ipswitch file transfer offerings are raising the bar by providing the market with the most robust, secure and reliable file and message transfer capabilities available from a single vendor. Ipswitch customers now include nearly every company in the Fortune 100 and more than 80 percent of the Fortune 500. Ipswitch File Transfer division's ability to bring a broad set of solutions to market enables businesses of all sizes to fully utilize their corporate data in support of their business rules and objectives.
"This acquisition is a key element in our division's global go-to market strategy for file transfer solutions," said Gary Shottes, president, Ipswitch File Transfer division. "Whether a customer is a single individual or a large, complex enterprise, we are now able to deliver simple, innovative and secure products and solutions that address customers' current requirements, while anticipating their future needs. With this acquisition, Ipswitch has the broadest and most comprehensive set of secure file transfer offerings on the market today."
Shottes added: "Our customers and our support of them are of paramount importance to us. We look forward to welcoming MOVEit customers into our family by offering them and the market a comprehensive set of MOVEit and WSP_FTP products. Our goal, as always, is to deliver to our customers the greatest file transfer value available in the market today."
"The market for secure managed file transfer solutions is rapidly expanding up as more companies look at moving corporate data, while at the same time complying with new governmental and industry regulations for corporate data audit trails," said Gartner Research Director, L. Frank Kenney. "This acquisition adds additional, viable solutions to the market."
The acquisition enables Ipswitch File Transfer to extend its core competency and technology leadership to include broader capabilities in deploying secure and managed file and message transfer to the enterprise. The assimilation of Standard Network's workforce into the Ipswitch File Transfer division adds significant secure and managed file transfer experience and knowledge to Ipswitch. All of the employees of Standard Networks will become File Transfer employees, and the company will retain its secure file transfer R&D center and its world-class technical support and direct sales operations in Madison, Wis.
Posted by Erik Small at February 19, 2008 08:47 AM digg this add to del.icio.us add to My Web Furl this page
Trackback Pings
TrackBack URL for this entry:
http://www.ftpplanet.com/cgi-bin/mt-tb.cgi/704
Quick Links
Featured Item