BT buys managed security service provider, Counterpane

Stuart Corner
Wednesday, 25 October 2006 16:07

IT Industry - Deals

BT has acquired Counterpane Internet Security, provider of managed networked security services, as part of its strategy to expand and develop its global professional services capabilities.
Counterpane currently monitors 550 networks worldwide for multinational and Fortune 100 customers.  The company is based in Mountain View, California. BT says that Bruce Schneier, the founder of the company, will continue in his role as CTO and Paul Stich will remain its CEO.

Andy Green, CEO BT Global Services, said: "Security threats get more sophisticated and a larger number of companies are outsourcing the management of their security infrastructure to specialised security service providers. Counterpane is a leader in this space. This acquisition will allow BT to benefit from a unique set of security management technologies and deliver to its global customers a more proactive managed security service with enhanced auditing and reporting capabilities.