Wave Systems Corp. (fka WAVXQ)

[awk]

George Gilder on the Safend acquisition...

Posted by Snackman:

http://tinyurl.com/3tnmbt6

"Resembling a large input of venture capital assets for Wave, close to triple the purchase price, together with some 2000 more potential customers, this purchase brings some of the world's best security engineers under the Wave umbrella. As the announcement put it, "The acquisition will enable Wave to deliver a holistic trusted computing management platform that roots software security to trusted computing hardware and provides the enterprise with interoperability across all platforms."

Supplying components for endpoint system sales that Wave already makes and integrates, Safend has lacked pricing power. Thus it has not realized the full benefits of its world leading security solutions. But consummated by the fully complementary Wave technologies, the combined company becomes an endpoint security powerhouse."

(As most of you know, I am a member of the Wave board of directors but as always this post is based on public information only).

GG