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Corporate News


Survey predicts possible dip in IT security investment

May 15th, 2008

A survey conducted by Astaro Corp., a leading IT security systems provider headquartered in Burlington, MA and Karlsruhe, Germany, revealed that recession fears could soon impact the IT security market.

Axis, Bosch and Sony to create open forum for network video interface

May 14th, 2008

Axis Communications, Bosch Security Systems and Sony Corp. announced that they will be cooperating to create an open forum aimed at developing an interface standard for network video products.

Corporate News: Pointer Telocation - Portugal Telecom form team for GPS tracking

May 12th, 2008

Pointer Telocation Ltd., of Rosh HaAyin, Israel, announced a partnership with Portugal Telecom Inovação SA, under which Inovação will incorporate Pointer Telocation's Cellocator GPS-tracking units into their location-based services for their users. Pointer Telocation is a global "one-stop-shop" for location-based security and safety services. Inovação is the telecommunications innovation branch within Group Portugal Telecom (PT).
Andrews International, Milestone and more...

Corporate News: Lockheed Martin plans secure coding best practices with SANS Institute

May 5th, 2008

Lockheed Martin is partnering with the SANS Institute to reduce cyber security vulnerabilities that may be introduced during software development. Through a new certification program and training initiatives, Lockheed Martin developers will be given new skills to further enhance the security of the code they write. Initially, the SANS Lockheed Martin project will allow Lockheed Martin to assess the secure coding skills of 75 programmers, provide training to improve their skills, and certify its developers through a rigorous certification exam. Based on the results of the assessment and training, the program may be expanded to train a broader workforce of developers. Developers will be tested by SANS’ new Global Information Assurance Certification (GIAC) Secure Software Programmer (GSSP) examinations. The examinations use questions with real code examples, are currently available for Java, C and .NET developers, and are offered through SANS Institute.
ObjectVideo, Brijot and more...

IT security niche off to slow M&A start in 2008, says Updata

April 28th, 2008

Although their stock prices have performed well during the first quarter of 2008, IT security companies have experienced a "relatively slow start" in merger and acquisition activity during the same period, according to a recent report issued by Updata, an investment banking firm with offices in New York, New Jersey and Virginia that focuses on the information technology sector.

Corporate News: SAIC-VA extend small business procurement agreement

April 25th, 2008

Science Applications International Corp. and the Department of Veterans Affairs Center for Veterans Enterprise (CVE) have extended their agreement under which SAIC furnishes technical assistance and procurement opportunities to veteran-owned small businesses through 2009. In the last fiscal year (2007), SAIC reported that 4.5 percent of its subcontract awards were issued to service-disabled veteran-owned businesses, significantly exceeding the government mandated 3 percent goal. In total, SAIC subcontracted $206 million to veteran-owned businesses. Overall, SAIC issued more than $1.2 billion in subcontract awards to small businesses for the same period.
Cisco, AllRegs and more...

Corporate News: Astaro goes "green" for energy savings, security efficiency

April 18th, 2008

Astaro Corp., of Burlington, MA, a vendor of integrated security appliances, announced it has joined The Green Grid, a global consortium dedicated to advancing energy efficiency in data centers and business computing ecosystems. The company plans to collaborate with other members to improve and promote efficiency in network security. The Astaro solution, available as a software, hardware or virtual appliance, integrates disparate network security products onto a single solution, allowing customers to minimize energy consumption and reduce physical waste while tailoring to any network infrastructure. The Green Grid seeks to provide industry-wide recommendations on best practices, metrics and technologies that will improve overall data center and business computing energy efficiencies.
Sipera, Milestone and more...

Corporate News: ESS sponsors chemical plant anti-terror exercise

April 14th, 2008

ESS, the Tempe, AZ-based provider of environmental, health and safety and crisis management software, is sponsoring a chemical facility anti-terrorism exercise during ESS Expo.08, where organizations are demonstrating the latest information technology tools for crisis management. The exercise begins with a simulation titled Green Scorpion, in which terrorists gain access to a large chemical processing facility. Emergency teams will implement response strategies that are designed to stop terrorists, free hostages and prevent or mitigate damage to the area and the surrounding area. Participants will include representatives from ESS crisis management technology solution partners SAIC, L-3 Communications, RP Flight Systems., SRA International and special effects provider Double F Productions.
GE Security, DEX and more...