Security Dynamics to Acquire Intrusion Detection
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Enterprise security solutions provider Security Dynamics Technologies, Inc. today announced plans to acquire network security software publisher Intrusion Detection Inc. (IDI) for approximately $32.5 million.
Under the agreement, 784,000 shares of Security Dynamics stock will be exchanged for all outstanding shares of IDI.
IDI, a developer of network security software tools that manage enterprise-wide security, delivers products including Kane Security Analyst (KSA) software and Kane Security Monitor (KSM) software. These will now become available as part of Security Dynamics' SecurSight line of plug-in enterprise security solutions that provide clients with secure access to information residing in the enterprise.
KSA is a front-line assessment tool designed to analyze security weaknesses in systems, while KSM is a system monitoring tool. KSM functionality, including audit and monitoring, will now be delivered through the SecurSight Manager product as part of a security management console.