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SafeNet Close of Merger with Rainbow Technologies

Monday 15 March 2004 16:41 CET | News

SafeNet has completed its merger with Rainbow Technologies, which had been announced on October 22, 2003. The merger creates a premier security provider for the government and large financial institutions, mid-sized firms, OEMs, and consumers.

The company, to be known as SafeNet, Inc., will continue to trade under the SFNT stock symbol on the NASDAQ National Market. The company is expected to have a combined client base of over 5,000 worldwide customers with distribution channels extending across more than 100 countries.


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Payments & Commerce