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For IT Infrastructure & Operations Professionals

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June 17, 2005

NetApp To Acquire Decru: Storage Encryption Goes Mainstream

by Galen Schreck

with Laura Koetzle, Thomas Powell

This is an excerpt

Executive Summary

Network Appliance (NetApp) announced yesterday that it plans to acquire storage encryption specialist Decru in a cash and stock deal worth $272 million. Storage encryption appliances have been around for years, but customers were often limited to the most paranoid of organizations — in fact, Decru was partly funded by In-Q-Tel, the CIA's venture capital arm. Thanks to recent events like Citigroup's missing box of backup tapes full of customers' private information, firms have begun to re-examine their data security. Forrester expects the combined NetApp-Decru product set to result in useful products for data security and regulatory compliance.

This is an excerpt

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