Thursday, June 15, 2006

Entrust Acquires Orion Security Solutions for $9M

Sean Michael Kerner writes on internetnews.com:

Security software maker Entrust is expanding its government security presence with the acquisition of Orion Security Solutions.

Entrust agreed to buy Orion Security Solutions for $8 million in cash, with a potential of $1 million more if certain targets are met, for a total of $9 million.

Orion Security Solutions makes public key infrastructure services (PKI) for federal government agencies, including the National Security Agency (NSA), Department of Defense (DoD), and the United States Marine Corps (USMC).

More here.

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