IT security vendor SonicWall has entered into an agreement to acquire Aventail Corp, a privately held provider of SSL VPN remote access solutions for approximately $25 million in cash.
SonicWall claims the deal will allow it to better meet the needs of a broader set of customers by combining the two companies' SSL VPN offerings.
Seattle-based Aventail is recognised for its higher-end SSL VPN enterprise products, while SonicWall has a suite of appliances designed for small and midsized organisations.
SonicWall President and CEO Matthew Medeiros said the Aventail acquisition is an important step in the company's growth strategy and allows it to compete more effectively in the remote access space. The combined product sets and expertise offer great potential for future cross-development and growth, according to Aventail President and CEO Evan Kaplan.
SonicWall will continue to rely on its worldwide channel network and two-tier distribution model and plans to grow the feature sets of both companies' products.