Tektronix (NYSE: TEK) has decided to go out of its traditional network diagnostics comfort zone and expand into the network security and management space by acquiring Arbor Networks.
Although both companies said the deal is on track to be wrapped up next month, neither revealed any financial details.
Chelmsford, Mass.-based Arbor Networks made a name for itself as a provider of detection and network security threat mitigation for both wireline and wireless service providers. Through this acquisition, Tektronix will gain a new suite of network security systems, including Arbor's Peakflow Distributed Denial of Service (DDoS) platform and its eSeries platforms for broadband service optimization.
Network intrusion detection is a growing need for all segments of the service provider food chain, including their enterprise customers. According to a recent study conducted by security researchers at the Ponemon Institute and ArcSight, a provider of threat and risk management applications, "45 organizations surveyed in the study reported 50 successful attacks a week, resulting in a median annualized cost of $3.8 million per organization per year."
For more:
- see the release
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