Thursday, April 06, 2006

U.S. says no to Sourcefire/Snort deal

Another take on the Sourcefire deal falling through, by way of Dan Farber at ZDNet: U.S. says no to Sourcefire/Snort deal.

Today, the U.S. government nixed the $225 million acquisition of Sourcefire by Check Point Software Technologies, an Israeli security software company. In the wake the Dubai port deal, deals with foreign entities are receiving added scrutiny from the Committee on Foreign Investment. The Washington Post reports that Sourcefire, based in Columbia, MD, had $30 million (13 percent of revenue) in revenue from government clients, including the Defense Department.

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