May 15, 2003

Nexland Signs Definitive Merger Agreement to be Acquired by Symantec Corp.

These folks have a SOHO/SMB line of VPN/Firewall appliances and NAPT (Network Address & Port Translation) technology designed to get around some of the problems with NATting on VPNs.

Interesting that Symantec has acquired a smaller mid-tier aimed player since they've been very concentrated on gaining traction in the large enterprise space. On the other hand, the companies have had a licensing deal for a while, with SYMC using some of the Nexland technology in their VPN/Firewall line.

Posted by Diana at May 15, 2003 08:16 AM