CyberGuard Acquires Assets of Zix Corporation
BOCA RATON, Fla. -- CyberGuard, a provider of security solutions for business-critical information assets of Global 2000 enterprises and government organizations, acquired Zix Corporation’s (NASDAQ: ZIXI) anti-spam, anti-virus and URL filtering assets for $3.6 million in cash. The transaction, approved by the boards of directors of the two companies, transfers rights associated with the Web Inspector and Message Inspector business to CyberGuard.

“With the addition of ZixCorp's Web Inspector and Message Inspector products, which will be integrated into our Webwasher business, we are strengthening our presence in content security and extending a strong European base into the U.S. and Canada with 1,600 new enterprise customers,” said Pat Clawson, chairman and chief executive officer of CyberGuard. “This will increase our share of the content security market, a key strategic objective.”

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