RiskAnalysisOfEnterpriseMergerAndAcquisition企业并购的风险分析毕业论文外文文献翻译及原文

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文献、资料中文题目：企业并购的风险分析

文献、资料英文题目：Risk analysis of enterprise merger

and acquisition

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翻译日期： 2017.02.14

有关企业并购的毕业论文外文翻译

原文：

Security V endors Say MergerWill Give Them More Financial Heft

LAST MONTH, Secure Computing Corp agreed to acquire messaging security vendor Cipher Trust Inc. For $273.6 million. The merged company will sell a range of enterprise gateway security appliances handle threats at the network edge and at the application level .

John McNulty，CEO of San Jose-based secure computing and Jay Chaudhry, founder and CEO of Alpharetta, Ga.-based Cipher Trust, spoke with Computerworld about their plans. Excerpts follow:

Why did Secure Computing and Cipher Trust join forces?

McNULTY: We just see a great opportunity to establish an enterprise gateway security company.[And] the senior team at Secure had been stretched as the company has grown.

CHAUDHRY: There are some 800 security start-ups. Most of them are doing point pr- oducts, and customers are getting tired of it.

These companies bring a lot of innovation because of their focus. But they don’t quite have the financial strength or scale to be viable players. Cipher Trust and Secure Computi- ng combined will keep the focus and innovation of a start-up, but our size and financial st- rength is that of a large company.

How do you expect Microsoft’s entry into the security tools business to affect your plans?

McNULTY:Microsoft clearly is a huge factor. But Microsoft’s expertise is at the desktop.

That is not an area we play in. It’s where you see the likes of Symantec, McAfee and Trend Micro. That is where Microsoft is going to have the biggest impact. Microsoft doesn’t sell Appliances. So this is not something that we fear.

What about the moves by network equipment vendors like Cisco to get into the security business?

CHAUDHRY:If you look at where the Ciscos of the world are playing, it’s at the network level. But if you look at the application gateway level, that is a newly emerging ma

rket—and so is the Web gateway market.

Our belief is that with our focus and with our innovation, we are going to be moving forward with some leading-edge solutions.

DO you agree with analysts who say users now will be more interested in integrated products than best-of-breed tools?

CHAUDHRY: In the last six or seven years, there has been a debate over best-of breed vs. integrated products . [Some companies] have been making a big deal about best