ENW Ventures Portfolio News
PentaSafe testing new security software
HOUSTON, Dec. 7 (LocalBusiness.com) -- PentaSafe Security Technologies Inc.,
which develops Internet security products, said testing begins this month for
its newest software, which provides security for Web servers used in
The Houston-based company's new software, VigilEnt Security Agent, is
designed to protect information in the server from intrusion, loss and damage
from both internal saboteurs and external hackers. It is expected to be
available to the general market in the first quarter of 2001.
The new product extends the company's current offerings, which protect
operating systems, applications and databases.
Steve Latham, vice president of strategic planning and development for
PentaSafe, said the new software provides more than 100 system checks as
online businesses prepare to move into production mode. It makes
recommendations on how to secure identified risks and "lock-down" the secured
system. Once the system is in operation, it continues to monitor and detect
"It is important especially for companies that are in a hurry to test before
they go into production," he said. "A lot of times they rush through to get
things ready and make some mistakes in their application servers so that they
are not secure."
"It looks at 'is your system set up right?' and 'who has access?' as to who
can make changes," Latham said.
PentaSafe's new software locks down and secures the server, just as a
homeowner secures the window and doors of his home "before the storm comes,"
The new software is designed to work with BEA Systems Inc.'s (Nasdaq: BEAS)
WebLogic Server 6.0, the latest release of BEA's Java application server.
PentaSafe could potentially work with other vendors as well, Latham said.
o Softbank/Vivendi Venture @Viso Closes Two Offices
PARIS -- European incubator @Viso, a joint venture
between Vivendi and Softbank aimed at assisting
U.S. Internet companies gain market entry into continental
Europe, said it will close its offices in Spain
and the Netherlands. It will also suspend plans
to open a Milan, Italy office. Managing director
Daniel Scolan said the company had been seeking
new investment opportunities from those offices,
but decided to concentrate on current portfolio
companies at its Paris and Munich offices.
o Emulex Acquires Giganet for $645 Million
COSTA MESA, Calif. -- Emulex, a publicly traded
supplier of Fibre Channel host adapters, said it
has agreed to acquire Giganet, a developer of IP
networking services in a deal worth approximately
$645 million. Emulex will acquire Giganet for approximately
4 million shares in common stock and assumed options.
Giganet will become the IP Networking group of Enulex.
Neil Ferris, Giganet president and CEO, will take
a seat on Emulex's board of directors. Giganet Inc.'s
investors include H&Q Venture Associates, Innocal,
Mariposa Investment Holding, Merrill Lynch, NTT
Leasing, Telsoft, and W.R. Hambrecht.
o E-Business Platform Verano Acquires Agilent Subsidiary
PALO ALTO, Calif. -- Verano, which delivers an electronic
business platform for integrating business processes
and providing measurement and reporting capabilities,
said it has acquired Agilent Technologies' Automation
Integration Software business based in Calgary,
Alberta. The financial terms of the deal were not
disclosed. As part of the acquisition-deal, Agilent
will take an equity stake in Verano. Verano was
founded in 1996 with funding from TechFarm, Chase
Capital Partners, Deep River, and Charter Venture
Jeffrey I. Snyder
Enron Net Works Ventures