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Blue Cedar Continues to Fuel Growth Momentum With New Executive Hires – Yahoo Finance

Blue Cedar Continues to Fuel Growth Momentum With New Executive Hires
Yahoo Finance
Blue Cedar, the leader in enterprise mobile app data security, today continued its growth momentum with a trio of new hires. Chris Ford came aboard as chief product officer, Jeanne Angelo-Pardo joined as chief financial officer and Pam Brodt enlisted

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Here are 5 reasons Symantec is buying Blue Coat

As cyber threats diversify and expand, anti-virus provider Symantec is doing the same. Late Sunday, the company said it would shell out $ 4.65 billion to acquire Web security provider Blue Coat. Here are five reasons the deal could make sense for Symantec.

1. Threats are evolving, Symantec needs to as well

Symantec has been selling PC antivirus products for years but the PC market has slumped and cyber threats are getting sneakier and more malicious. Two years ago, a Symantec executive even declared that antivirus were “dead.” Nowadays, dangers such as zero-day exploits and ransomware are affecting businesses and consumers alike, and antivirus products can’t keep up.

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Network World Security

Solar powered Blue Cell provides cellular backhaul without wires

As we mentioned in our earlier coverage of LINK, Bell Labs is expecting that the near future will bring a lot of growth in cellular devices, like smart appliances and sensors. Part of its solution to this flood of new devices is to give them their own chunk of the spectrum to keep them from getting in the way of user-driven devices, like phones and tablets. But that’s only part of the solution; phone and tablet traffic is going to climb as well.

The solution there is simply to create more cells so that there are fewer devices talking to a single base tower. But adding more access points isn’t a simple matter. Each point requires power and a network connection, and constructing large towers can be a headache of siting permits and contracts. To address these problems, a research effort at Bell Labs called “Blue Cell” is attempting to simplify cellular access points by getting rid of the wires.

As solar panel prices have plunged, getting rid of the power cord has gotten a lot easier. Of course, siting a large solar panel can be just as much trouble as siting a cell phone tower, so one of the major goals of the research was to reduce the energy requirements of a cellular access point. Examining the existing hardware, engineers found that the biggest energy draw was the digital signal processor, which converts the cellular signal into something that can be sent over network cables.

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Ars Technica » Technology Lab

Blue Coat Systems gets flipped for $2.4 billion

Blue Coat Systems is being sold by one private equity firm to another for $ 2.4 billion as it is prepped to go public again after it was taken off the stock market in 2012.

The company, with a broad security portfolio including hardware, software and services, is being sold by Thoma Bravo LLC to funds advised by Bain Capital.

Blue Coat CEO Greg Clark

Blue Coat CEO Greg Clark

The purpose of the sale is to further grow Blue Coat’s line of products and services, “and help us prepare to return to the public markets,” said CEO Greg Clark. Blue Coat claims to have 400 of the Fortune 500 as its customers.

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Network World Tim Greene