Blue Coat Systems and NetApp have joined forces and are working together to provide high-density storage solutions that enable extended network forensic analysis. This combination of NetApp’s high-density storage and Blue Coat’s Security Analytics incident response and forensics solution provides customers a high-performance and high-density storage solution that significantly expands the capture window from weeks to months within the same physical footprint. Customers can retain more valuable evidence that can help limit exposure in the event of a breach, together with the ability to replay and reconstruct exactly how the attacker compromised the …For More Details
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After the significant acquisition of cloud innovator Elastica by Blue Coat Systems, the company has introduced a new set of cloud generation products and features to its market-leading Blue Coat Security Platform, integrating essential components required for protecting enterprises in today’s rapidly-changing IT environment.
These “Cloud Generation” capabilities represent a major evolution of the Secure Web Gateway, combining Cloud Access Security Broker (CASB), Advanced Threat Protection (ATP), integrated Web Application Firewall (WAF), and encrypted traffic management (SSL), significantly advancing Blue Coat’s web and cloud security solution. Together with the CloudSOC capabilities from Elastica and the encryption and tokenization technology from the Perspecsys acquisition, Blue Coat’s Cloud Generation Gateway forms a foundation of the Blue Coat Security Platform, leveraging Blue Coat’s expertise in network, security and cloud to ensure protection of both existing and future computing environments…Read more
Blue Coat Systems has announced that it has entered into a definitive agreement to be acquired by funds advised by Bain Capital, one of the world’s foremost private investment firms. The company is being acquired from Thoma Bravo, LLC in an all-cash transaction valued at approximately $2.4 billion.
Over the past three years, Blue Coat has experienced a significant increase in its market share across the globe, where 80 per cent of the Fortune 500 are its customers. In India, Blue Coat has realized a year-on-year growth rate of 45 per cent and has a customer portfolio of more than 400 companies.
Globally, the company has also made several successful strategic acquisitions extending their solutions to the advanced threat defence, security analytics and encrypted traffic management spaces. Blue Coat offers an integrated portfolio of products that lead the industry in effectiveness in stopping today’s threats.
“The world’s most-trusted brands use Blue Coat, and the acquisition by Bain Capital sets us on the trajectory to further grow our portfolio, better serve our customers and help us prepare to return to the public markets. Bain Capital has a long history of accelerating growth, and I look forward to partnering with them in our journey to be one of the top performing security companies in the world,” said Gregory S. Clark, Chief Executive Officer, Blue Coat Systems. See more
|Blue Coat Systems has announced appointment of Michael Fey as President and Chief Operating Officer effective immediately. Fey brings operational and go-to-market expertise that will drive revenue growth and extend the reach of Blue Coat in the market. He will report to Blue Coat CEO Greg Clark.
As President and COO, Fey will bring to Blue Coat a critical focus on aligning the company’s leading web security, encryption management, cloud offerings and advanced threat protection solutions with customer requirements. Additionally, he will be responsible for field and customer-facing business operations, and collaborating on strategy.
“Blue Coat has successfully established itself as a market leader over the last three years by building an integrated portfolio of security solutions, aggressively acquiring companies to enhance that portfolio and delivering best-in-class threat protection. Now is the time for us to drive expansion in the marketplace, and Mike is the best in the industry to help Blue Coat reach the next level of its growth,” said Blue Coat CEO Greg Clark.
Fey assumes his new role from David Murphy, who will continue as a strategic advisor to Clark and the Board of Directors.
“I have long admired Blue Coat’s solutions. Over the last three years, Blue Coat has innovated to deliver advance malware detection capabilities integrated with a strong forensics solution that creates a powerful security offering that is unique in the marketplace. Blue Coat has also led the market around innovation in cloud security. I look forward to collaborating with the great team in place today to further extend this impressive solution set and drive additional marketplace growth,” said Fey.
Fey has more than 10 years of field, marketing and operational experience in security. Prior to joining Blue Coat, Fey was Executive Vice-President and General Manager of Corporate Products at McAfee and Chief Technology Officer of Intel Security, where he drove that company’s long-term strategic vision and innovation in the network, endpoint and analytics security segments by focusing on high-growth market opportunities and field execution.
In order to automate advanced threat protection at the internet gateway, Blue Coat Systems has introduced the Blue Coat Content Analysis System with malware analysis. The Content Analysis System blocks known threats, as well as detects and analyzes both zero-day and advanced malware, sharing new threat intelligence to continually fortify the network. This will allow organizations to bridge the gap between the day-to-day security operations team and the advanced security team that is focussed on incident containment and resolution.
Ambarish Deshpande, Managing Director, Blue Coat Systems, stated, A recent Economist Intelligence Unit survey reported, 74% of the Indian companies believe empowering employees to be Tech Autonomous will make their business more efficient, while 69% believed it had a direct positive impact on revenue growth. This makes our Advanced Threat Protection Solution, which uniquely allows businesses to offer Tech Autonomy to employees, highly relevant to the Indian market.
The Blue Coat Content Analysis System can also help align security operations teams by sharing new threat intelligence locally across the security environment and worldwide through the Blue Coat Global Intelligence Network of 15,000 customers and 75 million users.
The Blue Coat Content Analysis System will be available globally and in India in December…..See More
Blue Coat Systems Inc has entered into an agreement to acquire Crossbeam Systems Inc. The buyout brings two tech giants together for offering complementary technologies to scale and secure complex networks.
By acquiring Crossbeam, Blue Coat is laying the foundation for a broader strategy to transform the way businesses secure and optimize their networks.
“Our service provider and enterprise customers are excited that we are bringing together two complementary technologies,” said Greg Clark, Chief Executive Officer, Blue Coat Systems. …….See More
Blue Coat has introduced its Secure Web Gateway Virtual Appliance for small branch offices. The new Virtual Appliance will provide customers the flexibility to choose the deployment model that best meets their security requirements on a location-by-location basis.
“The Blue Coat Secure Web Gateway Virtual Appliance is a simple and powerful way to seamlessly extend the same on-premise threat protection and policies that ProxySG appliances provide at the corporate gateway to branch offices in India with limited IT staff,” said Ambarish Deshpande, Blue Coat Managing Director – India Sales….See More