Boeing has signed an agreement to acquire cyber-software maker Narus, in a move to bolster its offerings of products that secure Internet networks.
The acquisition follows a successful partnership between the two companies and is expected to close during the third quarter of 2010.The terms of the transaction were not disclosed.
Once acquired, Narus will operate within Boeing’s Network & Space Systems business as a wholly owned subsidiary. In addition to supporting cyber activities within Network & Space Systems, Narus’ network-centric technology also will be applied to Boeing’s smart grid energy work, the secure networking of Boeing’s ground, air and space products, and the defense of the Boeing network.
The Sunnyvale, Calif headquartered company Narus, employs approximately 150 people globally. It provides real-time network traffic and analytics software used to protect against cyber attacks and threats aimed at large Internet Protocol networks.
Roger Krone, president of Boeing Network & Space Systems, said: "This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity. Narus’ innovative employees and unique capabilities to secure complex networks will be a significant benefit to Boeing and our customers."
