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SafeNet Completes Sale of Government Solutions Business Unit

Sharpens Focus on Data Protection and Rights to Government and Enterprise Customers

Over the past few years, SafeNet has continuously sharpened its focus on protecting high value data with data-centric products and solutions that seamlessly extend trust from the data center to the cloud for both government and enterprise customers.

We hear time and again from both our government and enterprise customers that they need highly secure, flexible and scalable solutions that will help them migrate data to and from the cloud. This year we further strengthened our data protection portfolio for virtual and cloud environments through the launches of StorageSecure, ProtectV and SafeNet Authentication Service.

All of these products provide our global, commercial, federal and enterprise customers with the security infrastructure, scale and innovative protection necessary to secure high value data in today’s environment of advanced threats. In addition, they help remove the challenges that so often cause business disruptions and stall cloud/virtual deployments, achieving greater business efficiencies and cost savings which are critical in today’s business climate.

As the information landscape becomes more complex, we need to continue and accelerate investments in data protection solutions that will protect data in the post-breach environment. In order to do so, we made a strategic decision to divest product lines that were largely defense related and customized for the government information security market. As a result, we closed a deal today to sell our Government Solutions business unit to a recognized leader in the defense industry.

It is important to note that we will continue our long and successful history of providing both government and enterprise customers with market leading and innovative data protection solutions. Today’s announcement does not have any impact on our software rights management customers.

It also does not impact our commercial government and enterprise customers that are using our data protection solutions, specifically:

  • Storage, Cloud and Virtual Environments;
  • Strong Authentication and Identity Protection;
  • Data Encryption and Control;
  • Assured Information Sharing; and
  • Mobile Environments

The product lines that we are divesting to Raytheon are specialized for the defense communities, specifically the US federal government. This includes the KIV-7M, embeddable crypto modules, satellite communications and KG-340/KG-345. SafeNet and the buyer have transition agreements in place that will ensure a smooth transition and that there are no disruptions in sales or technical support.

We take great pride in our long history of being a trusted security solutions provide to the US government and government agencies around the world. This recent announcement does not change that and we look forward to continuing to develop market leading data protection and rights management solutions that protect our government customers most critical data and intellectual property for many years to come.

Sincerely,
Dave Hansen
Chief Executive Officer
SafeNet, Inc.

view Products

Federal Data Protection Product Portfolio:
Post Divestiture

Products Remaining in Federal DP Portfolio

Assured Information Sharing

  • MDeX System

Strong Authentication   Identity Protection Solutions

  • SafeNet Authentication Service (SAS)
  • Commercial Authentication (eToken, SAC, SAM, MobilePass)
  • HSM family (all variants)
  • Smart Card 650 (SC650)
  • sKey6500
  • SHAC middleware
  • micro-SC650 (with Cobra middleware)

Data Protection for Virtual and Cloud Environments

  • ProtectV
  • KeySecure
  • StorageSecure

Data Encryption & Control

  • DataSecure, ProtectDB, ProtectFile, ProtectApp, ProtectDrive, Tokenization Manager

High Speed Network

  • Commercial HSE Product Family (SSE, SEE)
  • SMC Commercial

ASICs & Modules

  • SCC650 ASIC
  • SafeXcel 3320, 3340/41, CGX

Products Sold to Raytheon as Part of GS Divestiture

Government Network Encryption

  • KIV-7M product family, including personalities

Secure Voice

  • ECC product portfolio (KSV-21)

High Speed Network

  • KG 340 Type 1 Sonet Encryptor
  • KG-345/A Type 1 Ethernet Encryptor
  • SMC Government

Space & Satellite

  • All Ground and Flight Units (MYK-14, 15A, etc)
  • Gryphon ASIC/Module (KI-55 AVE or U-RTK ASIC)
  • Caribou, CardHolder, Pegasus ASICs

Other ASICs & Modules

  • MYK-XXX ASICs (e.g., MYK-85, -185)
  • Programmable Crypto Module (PCM)
  • MECA, MED-N
view Customer and Partner FAQ

Customer FAQ

1. How does this transaction benefit SafeNet customers?

SafeNet will be a $350M company focused on protecting high value information. Our investments will accelerate data protection and strong authentication for the data centers, virtual data centers and the cloud. Our leadership and innovation in game changing cloud security solutions will benefit commercial customers, critical infrastructure customers and government customers.

2. Does this divestiture mean that you are no longer providing solutions to the federal government?

Absolutely not! We remain very committed to building upon our long and successful track record of being one of the most trusted security solutions providers to the U.S. government and government agencies around the world.

We will continue to provide high assurance commercial data protection solutions to enterprise customers, the U.S. federal government and government agencies through our Data Protection Business Unit (http://www.safenet-inc.com/products/data-protection/) with products for high assurance authentication, PKI/KMI, information sharing, and mobile environments. The federal government will still be SafeNet’s second largest vertical market.

3. What Data Protection Solutions will SafeNet continue to provide?

SafeNet will continue to provide market leading data protection products in the following areas:

Assured Information Sharing (MDeX product Family); Strong Authentication & Trusted Identities (SafeNet Authentication Service (SAS), Commercial Authentication (eToken, SAC, SAM, MobilePass); HSM family (all variants), Smart Card 650 (SC 650), Multi-factor Authentication. sKey6500, SHAC middleware, micro-SC650 (with Cobra middleware); Data Protection for Cloud and Virtual Security (ProtectV, KeySecure, StorageSecure); Data Encryption & Control (DataSecure, ProtectDB, ProtectFile, ProtectApp, ProtectDrive, Tokenization Manager); Commercial High Speed Network (Commercial HSE Product Family; SSE, SEE); and ASICs and Modules (SCC650 ASIC; SafeXcel 3320; 3340/41; CGX).

4. Did SafeNet divest all of its encryption solutions?

No. Intelligent encryption remains at the heart of our security solutions. We still have a very strong portfolio of data protection and encryption solutions including KeySecure, StorageSecure, ProtectV, Commercial High Speed and many others. We only divested Government Network Encryption (KIV-7M product family); Secure Voice (ECC product portfolio; Type1 High Speed only (KG-340, KG-345); Space and Satellite product family.

5. Are your products and solutions still certified?

The SafeNet team remains committed to supporting all critical US Government mission areas, from sensitive but unclassified (SBU) through Top Secret (TS). SafeNet will maintain the appropriate physical, personnel and IT security clearances to support these high grade development activities. Existing US Government programs will not be impacted by this change.

6. I’m a Government Solutions customer today, what should I expect?

Until further notice, Government Solutions customers will continue to purchase the same Government Solutions’ products through the same channels as they do today. The Government Solutions sales team will continue to support customers and partners in the same manner with which they are familiar, until further notice.

7. With the divestiture, how will the level of my customer service change?

SafeNet’s Data Protection and Software Rights Management customers will experience no changes to the support and service they normally receive from SafeNet. SafeNet customers will continue to access SafeNet technical support in the same manner with which they are familiar, by those who know their products best.

8. I’m a Government Solutions customer today. Who should I contact?

Government Solutions customers can contact their current sales and support representatives should they have any questions about their products and services.

9. I’m a Federal Data Protection customer today and have questions about today’s announcement. Who should I contact?

SafeNet customers can contact their current sales and support representatives to find out more about SafeNet’s data protection products and services.

10. How will this transaction change the SafeNet product portfolios?

SafeNet will continue to provide marketing leading data protection and software solutions to both government and enterprise customers.

For more information on SafeNet’s Data Protection portfolio, please visit

http://www.safenet-inc.com/products/data-protection/

For more information on SafeNet’s SRM product portfolio, please visit

http://www.safenet-inc.com/software-monetization-solutions/

The products that SafeNet intends to divest from its portfolio include:

Government Network Encryption (KIV-7M product family); Secure Voice (ECC product portfolio; Type1 High Speed only (KG-340, KG-345); Space and Satellite product family


view Getting Support

SafeNet Government Solutions customers will continue to access technical support in the same manner with which they are familiar, until further notice. SafeNet technical support will continue to provide assistance to the client’s designated contacts.

Visit http://www.safenet-inc.com/support-downloads/government-solutions-technical-support/ for product support.

view A Message from SafeNet CEO, Dave Hansen