Wednesday, March 15, 2006

Sourcefire Officials Hopeful Over Sale

Wow, where have I been. I hadn't even noticed this controversy, but it made it all the way into the Washington Post: Sourcefire Officials Hopeful Over Sale.

Executives of Sourcefire Inc., the Columbia company whose sale to an Israeli firm has been delayed pending a national security review, said yesterday that they believe the concerns surrounding the deal can be resolved.

In early October the information security firm announced an agreement to be acquired for $225 million by Check Point Software Technologies Ltd., the firm run by Israeli tech pioneer Gil Schwed. Though based in Ramat Gan, Israel, the firm has a U.S. headquarters in Redwood City, Calif., and is publicly traded on the Nasdaq Stock Market.

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