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DAILY NEWS AND INFORMATION
FOR THE GLOBAL GRID COMMUNITY /
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Breaking News -
Security:
Eicon Networks Acquires Shiva
Business
Eicon Networks Corp, a global leader in providing reliable communication
products for networked business applications, announced that it has acquired
all of the shares of Mernet Secure Network Inc, the owner of the Shiva
business.
"For over a decade the Shiva brand has represented the very best in secure
remote access, delivering innovative, award-winning products that are secure,
reliable and easy to use," stated Nick Jensen, president and CEO of Eicon. "We
are confident that in the very short term Shiva customers will benefit from
enhanced offerings of the existing Shiva LanRover products. Eicon will
immediately set out to further improve the products by adding our exceptional
customer friendly user interfaces and multilingual applications, documentation
and support to service an international market."
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"Eicon believes that the acquisition will lead to significant revenue
growth,"
said James Besley, Eicon's senior vice president of sales, marketing and
support. "The Shiva range of VPN routers provides an immediate revenue stream
from an active and growing number of customers. Combine this with Eicon's
excellent route to market, and we can see a substantial opportunity. For the
large installed base of existing Shiva customers, Eicon will introduce
exciting new programs for cost savings, support and upgrades."
"We can also see significant synergies with existing Eicon products," said
John Porter, director of marketing. "Users of our Eiconcard and Diva Server
products are looking for enhanced, easy-to-deploy and easy-to-manage security
solutions. We will use the Shiva engineering team and software to improve our
industry leading product offerings."
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