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The acquisition follows a successful partnership
between the two companies and advances Boeing's
strategy to offer world-class, scalable, state-of-the-art
cybersecurity solutions.
Narus is headquartered in Sunnyvale, California,
and has a strong presence in Bangalore in southern
India.
"This acquisition is another step forward
in our strategy to develop integrated solutions
for better network visibility, threat detection,
and cybersecurity," said Roger Krone, president
of Boeing Network & Space Systems, a business
within the Boeing Defense, Space & Security
(BDS) operating unit.
Narus' India team and their unique capabilities
to secure complex networks will be a significant
benefit to Boeing and our customers."
In addition to supporting cyber activities within
Boeing 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.
"In recent years, the need for cybersecurity
has dramatically increased across the world and
in India," said Dinesh Keskar, Boeing India
president. "Cyberspace is an increasingly
crucial battlefield in which governments and businesses
alike must defend themselves. Combining the modeling
and simulation capabilities Boeing has here in
India with Narus' technical capabilities demonstrates
our commitment to designing and securing customer
networks in order to protect vital information.
With this acquisition, we have further diversified
and strengthened our portfolio here, which makes
this yet another milestone in Boeing's deepening
engagement in India."
Last year, Boeing announced the opening of its
Boeing Research & Technology-India centre
in Bangalore as well as the joint development
with Bharat Electronics Limited of an analysis
and experimentation center in India.
Narus' Bangalore office, located five kilometers
away from Boeing's centre, provides a base of
operations for its employees, many of whom bring
diverse experience from leading technology companies.
"Our team is dedicated to meeting the Indian
government's requirements for visibility of IP
traffic across networks that span the country,"
said Yogi Mistry, Narus senior vice president
of Worldwide Engineering.
The acquisition is expected to close during the
third quarter of 2010. Boeing is the world's leading
aerospace company and the largest manufacturer
of commercial jetliners and military aircraft
combined. Additionally, Boeing designs and manufactures
rotorcraft, electronic and defense systems, missiles,
satellites, launch vehicles and advanced information
and communication systems.
As a major service provider to NASA, Boeing operates
the space shuttle and International Space Station.
The company also provides numerous military and
commercial airline support services. Boeing has
customers in more than 90 countries around the
world and is one of the largest US exporters in
terms of sales. Headquartered in Chicago, Boeing
employs more than 160,000 people across the United
States and in 70 countries. Total company revenues
for 2009 were $68.3 billion. |
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