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back to article Private investor pays $1.3bn to don Blue Coat

Web security and WAN optimisation appliance firm Blue Coat Systems has been acquired by private equity investment outfit Thoma Bravo in a deal valued at about $1.3 billion. Under the terms of the deal, shareholders will receive $25.81 in cash for each share of Blue Coat common stock they hold, a premium of around 48 per cent …

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  1. Gordon 10

    Iraq?

    So if it's a US client state it's ok to Internet access?

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    1. djs
      Reply Icon

      Verb definition competition

      Best definition of the verb "to internet" that makes sense when the infinitive is followed by "access" wins a feeling of smug self satisfaction.

      Go!

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    2. Anonymous Coward
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      Anonymous Coward

      Presumably, their gear is useful for something besides censoring the Internet. Otherwise they wouldn't sell a whole lot of it outside places like Syria or China. So, they likely sold the stuff to someone they thought was in Iraq, ostensibly to secure their corporate network. Once the shipment arrived in Iraq it was smuggled into Syria. And probably with little effort.

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    3. Ru
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      Gimp

      Of course.

      It would be embarassing for a regime installed by the US to come pre-enabled as an enemy of the state.

      Or at least; embarassing to admit it.

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  2. Anonymous Coward
    Anonymous Coward

    Calm down

    The only thing Blue Coat flog is a bandwidth optimization thing a la Riverbed etc, and a really crappy, flakey, dumbed-down web proxy.

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