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Wednesday, November 12, 2008
8e6 Merges With UK Firm
Orange, California-based 8e6 Technologies, a supplier of web filtering appliances for the SMB and education market, said Wednesday that it has merged with UK-based Marshal. According to the firms, they are merging to form a new company called Marshal8e6. Financial details of the merger were not disclosed. Marshal and 8e6 Technologies said the merger will create a combined company with more than 250 employees, and more than $50M in combined billings for the past 12 months. The companies are backed by Kelso Place Asset Management, Darwin Group, CX Ventures, Vora Ventures and Updata Partners; the firms said that Updata Advisors advised the firms on the transaction. The new combined firm will offer corporate and Internet email, IM, and other web filtering capability.
posted on Wednesday, November 12, 2008
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