safenet-inc.comEnterprise SoftwareFounded: 2000Funding to Date: $890MM
Provider of hardware and software security software. The company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities. The company was acquired by Gemalto (XAMS: GTO) for $890 million on January 8, 2015. The investor is backed by Fonds Strategique d'Investissement. The purchase price of US$890 million is self-funded with US$440 million from available cash, and US$450 million drawn from existing long-term credit facilities.
