![]() ![]() The TradeWave acquisition adds "certificate authority" technology, #Firewall cyberguard reviews softwareServices like home banking or stock trading over the Internet.ĬyberGuard markets its own CyberGuard firewall, a secure operating system,Īnd network software as well as third-party products for virtual private networks Many finance companies are rushing to add consumer Security-conscious banksĪlready send billions of dollars in inter-bank transfers over private The Net-if security concerns are addressed. If it had not been sold,Īnalyst see financial services as a promising sector for e-commerce over ![]() Product, and it didn't fit into our core business. "Trade Wave was losing money, putting more money into the "Basically TradeWave was a cash drain on the us," said a Sun River TheĬompany wrote off a $9.7 million loss for costs of closing TradeWave. The team decided last year toĬlose TradeWave and focus on its terminal manufacturing business. Name to Boundless-the name of its NC operating unit. There's a new management team at Sun River, which is in the process of changing its ![]() Projected revenues for theĬyberGuard's next fiscal year are around $29 million. Million in revenue for the year ending June 30. The acquisition a bargain for CyberGuard, which expects to report about $15 Years ago, makes dumb terminals and network computers (NCs) as its coreĬarberry said TradeWave booked $2.1 million in revenues last year, making Sun River, which bought TradeWave about two #Firewall cyberguard reviews plus$400,000 cash, plus a 3 percent royalty on TradeWave's continuing revenuesįrom the utilities project. Its best-known offering is a wholesale electric power trading system for power utilities that goes by the name Open Access Same-time Information System (OASIS).ĬyberGuard CEO Robert Carberry said his company will pay $300,000 to TradeWave, which is active in those sectors, operates an e-commerceĬertificate authority (CA) that issues digital IDs. It is specifically targeting financial services as well as Said the acquisition will round out its security offerings as it moves toīecome a one-stop supplier of complete security services and products forĮ-commerce. At midday, Sun River traded unchanged atġ-1/32, while CyberGuard had fallen slightly.ĬyberGuard, a firewall vendor primarily focused on the financial services industry, Investors yawned at today's announcement. Moving aggressively to become a top-tier security provider for InternetĬommerce, CyberGuard (CYBG) has acquired the assets of Austin, ![]()
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