Sophos subsequently renamed the Astaro UTM to Sophos UTM. At the time Astaro was the 4th largest UTM vendor and while the deal made sense at the time Forbes questioned its viability. In May 2011, Sophos announced the acquisition of Astaro, a privately held provider of network security solutions, headquartered in Wilmington, Massachusetts, USA and Karlsruhe, Germany.
In 2007, Sophos acquired ENDFORCE, a company based in Ohio, United States, which developed and sold security policy compliance and Network Access Control (NAC) software. Acquisitions and partnerships įrom September 2003 to February 2006, Sophos served as the parent company of ActiveState, a developer of programming tools for dynamic programming languages: in February 2006, ActiveState became an independent company when it was sold to Vancouver-based venture capitalist firm Pender Financial. On 2 March 2020 Sophos announced the completion of the acquisition. The board of directors of Sophos stated their intention to unanimously recommend the offer to the company's shareholders. On 14 October 2019 Sophos announced that Thoma Bravo, a US-based private equity firm, made an offer to acquire Sophos for US$7.40 per share, representing an enterprise value of approximately $3.9 billion. Sophos was floated on the FTSE in September 2015. In June 2015, Sophos announced plans to raise $US100 million on the London Stock Exchange. In February 2014, Sophos announced that it had acquired Cyberoam Technologies, a provider of network security products. Former CEO Steve Munford became non-executive chairman of the board. In 2012, Kris Hagerman, formerly CEO at Corel Corporation, was named CEO of Sophos and joined the company's board.
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In 2011, Utimaco Safeware AG (acquired by Sophos in 2008–9) were accused of supplying data monitoring and tracking software to partners that have sold to governments such as Syria: Sophos issued a statement of apology and confirmed that they had suspended their relationship with the partners in question and launched an investigation. In 2010, Nick Bray, formerly Group CFO at Micro Focus International, was named CFO of Sophos. In 2010, the majority interest of Sophos was sold to Apax. Jan Hruska and Peter Lammer remained as members of the board of directors. In 2006, Peter Gyenes and Steve Munford were named chairman and CEO of Sophos, respectively. At that time viruses were being spread primarily through email spam and this allowed Sophos to produce a combined anti-spam and antivirus solution. In 2003, Sophos acquired ActiveState, a North American software company that developed anti-spam software.
In the late 1990s, Sophos concentrated its efforts on the development and sale of antivirus technology, and embarked on a program of international expansion. During the late 1980s and into the 1990s, Sophos primarily developed and sold a range of security technologies in the UK, including encryption tools available for most users (private or business). Sophos was founded by Jan Hruska and Peter Lammer and began producing its first antivirus and encryption products in 1985.
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