Gene Hodges the CEO (since January of 2006) started by emphasizing their leading position in Web filtering. For security and productivity reasons, companies around the world are focused on controlling the flow of Web content in and out of their networks.
The company is increasingly going after security applications with their new ThreatSeeker application to leverage their position and compete with firms like McAfee. The strategy is to reposition the company from the “nice to have” URL filter market of $750M to the “must have” layer of network security software of $5B. This will pit them against firewall vendors (CSCO, CHKP) and Anti-Virus vendors (SYMC, MFE, MSFT.) [Read more…]