M&A Deal Summary

AXENT Technologies Acquires Raptor Systems

On December 2, 1997, AXENT Technologies acquired software company Raptor Systems for 250M USD

Acquisition Highlights
  • This is AXENT Technologies’ 1st transaction in the Software sector.
  • This is AXENT Technologies’ largest (disclosed) transaction.
  • This is AXENT Technologies’ 1st transaction in the United States.
  • This is AXENT Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 1997-12-02
Target Raptor Systems
Sector Software
Buyer(s) AXENT Technologies
Deal Type Add-on Acquisition
Deal Value 250M USD
Advisor(s) Boston Meridian Partners LLC (Financial)

Target

Raptor Systems

Waltham, Massachusetts, United States
Raptor is an application-level firewall driven by proxies, which is a bit safer than stateful-inspection or packet-filtering firewalls because a proxy acts as a more intelligent agent on behalf of the user.

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Buyer(S) 1

Buyer

AXENT Technologies

Rockville, Maryland, United States

Category Company
Sector Software
DESCRIPTION

AXENT Technologies, Inc. is a supplier of network-based security software, principally focused on the Intranet.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (1997) 1 of 1
Size (of disclosed) 1 of 1