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Irdeto acquires Virginia’s Cloakware

December 5th, 2007

VIENNA, VA—Irdeto, a Netherlands-based content security company, has acquired Vienna, VA-based Cloakware, which developed security technology to protect software applications. Financial details were not disclosed.

Cloakware’s software solutions protect more than one billion applications and the assets of some of the world’s largest, most recognizable and technologically advanced companies. Customers include Texas Instruments, Pioneer Electronics, NXP (founded by Philips), State Street, and Vodafone, representing enterprise, government, content distributors and manufacturers of consumer electronics, mobile devices, PCs and software.

“Content is going digital and becoming ubiquitous — on mobile devices, on PCs, throughout the home and office — which is driving the need for sophisticated and flexible security solutions,” said Paul Ciriello, managing general partner, Fairhaven Capital, and previous chairman of the Cloakware board.

On the Web: www.cloakware.com; www.irdeto.com

 

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