Google snaps up security firm
Google is branching out into the IT security market with the £312m acquisition of Postini.
The deal will see the security company become a wholly owned subsidiary of the search giant and Google will use Postini’s products and services to secure its existing web-based products.
Postini sells hosted security products such as email security, IM security, message archiving and encryption as well as policy-enforced TLS.
Google’s chief executive Eric Schmidt claims the deal reinforces his company’s commitment to hosted applications and their security. “With the addition of Postini, our apps are not just simple and appealing to users – they can also streamline the complex information security mandates within these organisations,” he says.
Google claims large businesses have been reluctant to move to hosted applications because of security and compliance problems. “By adding Postini products to Google’s technology, businesses no longer have to choose – employees get the intuitive products they want, and the company achieves the security and assurance it needs,” claims Dave Girouard, vice president and general manager at Google Enterprise.
Google has assured customers using Postini’s products and services that the search giant has no plans to change Postini’s current product line-up. “We share a commitment to providing enterprise customers with compelling technology alternatives. This is an exciting milestone, one that will certainly lead to the next level of rapid innovation,” says Quentin Gallivan, president and chief executive of Postini.