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Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Network Associates announced its agreement to buy Entercept Security Technologies on April 4, 2003, for $120 million in cash, and completed the acquisition on April 30. Entercept made host-based intrusion-prevention software for enterprise systems. A later Network Associates filing recorded $125.8 million in total acquisition cost, including direct expenses—an accounting figure distinct from the announced purchase price.
When did Network Associates buy Entercept?
Network Associates announced the agreement on April 4, 2003, and the transaction closed on April 30, 2003, through a merger into a Network Associates subsidiary. The announcement and closing dates are reported by the company in its acquisition announcement and closing announcement.
How much did Network Associates pay?
The announced cash consideration was $120 million. Network Associates’ later SEC filing gives a more detailed accounting: $121.9 million in cash purchase price plus $3.9 million in direct expenses, for a total recorded acquisition cost of $125.8 million. These figures describe different measures of the transaction, not competing announced prices: the $120 million was the announcement figure, while the filing’s total includes direct expenses.
See the company’s SEC filing for 2003 results for the accounting amounts.
#1 Best Overall
What did Entercept’s security software do?
Entercept provided host-based intrusion-prevention software: protection installed to monitor and stop attacks on individual enterprise systems rather than traffic across a network. Its coverage included servers, operating systems, databases and applications. The products used behavioral rules as well as signatures, aiming to address both known and previously unknown attacks.
Why did Network Associates acquire Entercept?
Network Associates said the acquisition would strengthen its system-protection products, position it in the emerging intrusion-prevention market, bring Entercept technology into its existing offerings and make Entercept products available to its existing customers. The company also planned to continue selling Entercept products and take on customer-support obligations.
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Entercept complemented Network Associates’ contemporaneous acquisition of IntruVert Networks: Entercept focused on host-based protection, while IntruVert addressed network-based intrusion prevention. The two technologies targeted different points of defense rather than duplicating one another.
How was Entercept technology to be integrated?
Network Associates said it would work to integrate Entercept technology into its solution set and planned to enhance its ePolicy Orchestrator security-management platform with management and reporting capabilities for Entercept solutions. The company’s closing announcement quoted executive vice president Sandra England saying it looked forward to moving ahead with those integration plans.
What happened to Entercept after the acquisition?
Network Associates changed its name to McAfee, Inc. in June 2004. A company filing from 2004 still listed Entercept host-based intrusion-protection products in its enterprise portfolio, indicating that the technology continued under the broader company’s security-product lineup. The available company statements establish continued product and support plans, but do not specify a later standalone Entercept brand or product retirement date.
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