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German Astaro Acquires CoSoSys From Romania

Deal between two security companies

CoSoSys S.R.L., developer of Endpoint Security, Data Loss Prevention and portable media security software, and Astaro GmbH & Co. KG, IT security specialist from Germany, have signed a definitive agreement for Astaro to acquire the Romanian company and integrate CoSoSys’ complete staff into their team.

While continuing to launch new products and improve their existing range of endpoint and mobile data security solutions, the two companies will collaborate on integrating CoSoSys’ device control, data loss prevention and endpoint security solution into Astaro’s Unified Threat Management solution, the Astaro Security Gateway, and on providing a level of overall security beyond any solution on the market.

"CoSoSys’ very talented team has created an impressive product portfolio to manage and secure the use of portable devices in companies," said Jan Hichert, CEO of Astaro. "Unlike other solutions available in the security market, their Endpoint Protector solution is easy to use, centralized, offering comprehensive and unified endpoint and network protection. Their technology focus on both Windows and Mac platforms opens exciting possibilities for us to expand our security offering for our customers. We are looking forward to welcoming them to Astaro."

"We are proud to work with Europe’s most skilled and dedicated network security team to build technologies that thousands of businesses will be using on a daily basis," said Roman Foeckl, CEO of CoSoSys. "The acquisition by Astaro comes as recognition of the quality and innovation our solutions feature. We are all looking forward to continue innovating and developing solutions for the permanently evolving security challenges data security is faced with as part of Astaro."

The acquisition by Astaro completes a successful 2010 for CoSoSys. The company has previously launched Endpoint Protector Hardware Appliance, a hardware appliance to provide out of the box device control and data security for Windows and Mac. Only two months after being launched, the solution was recognized as one of the top endpoint security solutions of the year by Info Security Products Guide. In 2010 CoSoSys continued developing and improving its cloud based My Endpoint Protector solution, a device control security-as-a-service offering.

Comments

We publish this information concerning security more than storage because Astaro is also in email archiving in the cloud.

Recently the acquirer Astaro, headquartered in Karlsruhe, Germany, with a total of 215 employees, said to grow by more than 50% in 4Q10. It claims 2,500 resellers, with products protecting over 100,000 networks across 60 countries.

CoSoSys, based in Cluj-Napoca, Romania, has also offices in USA and Germany.

Astaro also acquired at about the same time InspektOnline that offers a cloud-based log analysis platform. This one was founded in 2006 with offices in Copenhagen, Denmark and Westminster, CO.

The Astaro's idea is to add the acquired products and its own ones into an integrated security solution.

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