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SonicWall to acquire Aventail

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DQC Bureau
New Update

SonicWall has announced its plans to acquire Aventail Corporation for

approximately $25 million. The transaction is expected to close by July 2007 and

is subject to customary conditions. SonicWall expects that there will be no

impact of the transaction on its financial performance in the second quarter of

2007 and reaffirms its revenue guidance of $45-47 million.

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"The Aventail acquisition is an important step in our growth strategy. This

acquisition will help us grow our revenue share. We will compete more

effectively in the remote access space, building on complementary elements in

our two organizations, and offer new solutions that enhance our relevance for

today's dynamic enterprise," said Matthew Medeiros, President and CEO, SonicWall.

"This is an exciting move for Aventail and we look forward to expanding our

customer base," said Evan Kaplan, President and CEO, Aventail. "SonicWall has a

go-to-market strategy through its worldwide channel, which offers a wide variety

of products to Aventail's customers and channel partners. Our combined product

sets and expertise offer great potential for future cross-development and

growth."

With the addition of Aventail's remote access technology for mid-tier

enterprises, SonicWall expands its portfolio of high-end solutions that address

the growing need for flexible and management network security, access and

control.

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