July 11, 2006 4:20 PM PDT
Secure Computing to acquire CipherTrust
"Over the past few months, we have made excellent progress with the integration of CyberGuard," Secure Computing CEO John McNulty said in a statement. "With the brunt of the initial integration activity now behind us, we believe the time is right to continue investing in enterprise gateway security, which is experiencing strong growth." Secure Computing announced its plans to buy CyberGuard in August 2005. The company also said Tuesday that it now expects revenue for the second quarter to be around $38.5 million to $39.0 million, less than the $43 million to $45 million it had previously projected.