SafeNet Completes Combination with Aladdin
SafeNet Completes Combination with Aladdin
Customers Benefit with Stronger Expertise and Broader Solution Offerings
BALTIMORE
April 01, 2010
SafeNet, Inc., a global leader in information security, today announced that Aladdin Knowledge Systems Ltd. and its subsidiaries are now wholly-owned subsidiaries of SafeNet Inc.
Vector Capital, SafeNet’s private equity owner, acquired Aladdin on March 24, 2009, and SafeNet and Aladdin have operated under common management since that time. On March 31, 2010, SafeNet acquired the Vector Capital interest in Aladdin, thus completing the legal combination of the two companies. The combination allows SafeNet to fully unify the SafeNet and Aladdin operations, policies, procedures and systems in order to more effectively serve current and prospective customers.
About SafeNet, Inc.
Founded
in 1983, SafeNet is a global leader in information security. SafeNet protects its customers’ most valuable
assets, including identities, transactions, communications, data and software
licensing, throughout the data lifecycle. More than 25,000 customers
across both commercial enterprises and government agencies and in over 100
countries trust their information security needs to SafeNet.