BNET Industries
Last Fiscal Year Sales:$263.0M
- Private
- US
Dow Jones Description
SafeNet ensures that networks are, well, safe. Founded in 1983 and headquartered in Belcamp, MD, SafeNet, Inc. provides network security hardware and software. The company's products are used in wide-area networks, wireless networks, security, anti-piracy, license management, and other applications. Its customers include large corporations, governments, financial institutions, and original equipment manufacturers. It has annual revenue of about $263 million and employs about 1,000 people. In 2005, it acquired Eracom Technologies AG, a leader in data encryption software.
Chairman and Interim Chief Executive Officer
Walter W. StraubNumber of Employees 1,043
Contact Information
4690 Millennium Dr Ste 400
Belcamp, Maryland 21017-1526
(410) 931-7500
Peer Companies
NAICS Code Custom Computer Programming Services: 541511
Recent Events
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SafeNet to pay $1 million to settle SEC backdating lawsuit
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Interphase and SafeNet Partner on Integrated Carrier-Grade IPsec Solution
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SafeNet Names Charles Neral as CFO
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CFOs on the Move: Week Ending October 16
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SafeNet Appoints Chief Executive Officer
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HASP SRM 4.0 Debuts
News & Analysis
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finance and safenet inc. - All News and Analysis
Baltimore Gas & Electric Co. are confident in rate hike
BGE confident in rate hike Officials at Baltimore Gas & Electric Co. are confident that the company's planned residential electric rate increase will stand up to new regulatory scrutiny before a reconstituted Maryland Public Service Commission. The company's rates are set to rise by about 50 percent in...
San Francisco-based equity firm offers $634M buyout for Belcamp-
Faced with a possible delisting of its stock, and caught up in an ongoing stock option backdating investigation, Belcamp-based SafeNet Inc. announced a $634 million buyout offer Monday to take the technology company private. SafeNet said it had entered into an agreement with San Francisco- based private equity...
Stocks to Watch - GFPE, SFNT, RIMM, NOK.
M2 PRESSWIRE-12 September 2006-SmallCapReview: Stocks to Watch - GFPE, SFNT, RIMM, NOKC1994-2006 M2 COMMUNICATIONS LTD RDATE:12092006 SmallCapReview Stocks to Watch for today include - Gulf Petroleum Exchange (Pink Sheets: GFPE), SafeNet (Nasdaq: SFNT), Research In Motion (Nasdaq: RIMM), Nokia (NYSE: NOK)...
Stocks to Watch - SFNT, IMAX, UAUA, TCNH.
M2 PRESSWIRE-24 July 2006-SmallCapReview: Stocks to Watch - SFNT, IMAX, UAUA, TCNHC1994-2006 M2 COMMUNICATIONS LTD RDATE:24072006 SmallCapReview Stocks to Watch for today include - SafeNet (Nasdaq: SFNT), IMAX Corporation (Nasdaq: IMAX), UAL Corporation (Nasdaq: UAUA), Technest Holdings. (OTC BB: TCNH) ...
SafeNet, Inc. Recognized by Deloitte for its 698 Percent Five Year Revenue Growth; Impressive Growth Ranks SafeNet as the 11th Fastest Growing Technology Company in Maryland; 228th in all of North America
BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that it was ranked Number 228 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004....
SafeNet (SFNT) SqueezeTrigger Price Is $30.63. Short Sellers Down Approximately $16 Million After SafeNet Receives $150 Million Department of Defense Order.
M2 PRESSWIRE-30 September 2005-BUYINS.NET: SafeNet SFNT SqueezeTrigger Price Is $30.63. Short Sellers Down Approximately $16 Million After SafeNet Receives $150 Million Department of Defense Order.C1994-2005 M2 COMMUNICATIONS LTD RDATE:30092005 www.buyins.net, announced today that the 3,476,528 shares declared short on SafeNet,...
SafeNet to Present at Lehman Brothers Global Software and IT Services Conference
BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that SafeNet will present Tuesday, March 8, 2005 at 11:00 a.m. PST at the Lehman Brothers Global Software and IT Services Conference, being held at the Ritz-Carlton in Half Moon Bay, California. Ken Mueller, CFO of...
Senetas gains 13pc on news of US defence deal.
May 27, 2003 (The Australian Financial Review - ABIX via COMTEX) Senetas has signed a distribution deal with US security company SafeNet for encryption products. Senetas said the deal was worth $US60 million over three years, based on Gartner Group and IDC estimates. The ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alain Arnaud | CTO, Embedded Division |
| George Heron | CTO, Enterprise Security Division |
| Ken Mueller | CFO |
| Sean Price | Senior Vice President, Business Development |
| Amber Zentis | Vice President |
| Dave Giessel | Vice President, Customer Quality & Suppport |
| Gary Clark | Vice President, Sales, Marketing |
| Henk Pruim | Vice President & General Manager, OEM, Networking |
| Howard Seeger | Vice President, Business Development |
| Humphrey Chan | Vice President, Sales, Asia Pacific |
| Ian Dix | Vice President of Marketing, Enterprise Division |
| John W. Frederick | Vice President & Worldwide Controller |
| L. Thomas Van Huben | Vice President, HR |
| Mike Williams | Vice President, Enterprise Business Development |
| Peter Reed | Vice President, Semiconductor Development |
| Phil Saunders | Vice President, Commercial Sales, Worldwide |
| Prakash Panjwani | Vice President, Embedded Sales, Worldwide |
| Roy Maharaj | Vice President, Sales, Worldwide |
| Stephen Dow | Vice President, Commercial Sales |
| Steve Turner | Vice President, Prod Services |
| Thomas Huben | Vice President, HR |
| Vince Mancuso | Vice President, Govt Sales |
| Bill Anderson | Director, Marketing |
| Chris Holland | Director, Product Management |
| Randy Kun | Director, Product Management |
| Chris Fedde | Senior Vice President & General Manager, Enterprise Security |
| David Potts | Senior Vice President & General Manager, Embedded Security |
| Shelley A. Harrison | Advisor |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Walter W. Straub | Chairman and Interim Chief Executive Officer |
| Andrew E. Clark | Board of Directors |
| Arthur L. Money | Board of Directors |
| Bruce R. Thaw | Board of Directors |
| Ira A. Hunt Jr. | Board of Directors |
| J. Carter Beese | Board of Directors |
| Thomas A. Brooks | Board of Directors |
Walter W. Straub was appointed by the Board of Directors as the Chairman and interim Chief Executive Officer of the Company in October 2006. Mr. Straub has served as a director of the Company since March 2004. He was Chief Executive Officer and President of Rainbow Technologies, Inc. from its inception 1984 until March 2004, when Rainbow merged with SafeNet Inc. Mr. Straub led Rainbow's initial public offering in 1987 and secondary offering in 1991. Mr. Straub serves as a director of CAM Commerce Solutions, Inc. (NASDAQ: CADA), a provider of commerce solutions for traditional and web retailers. He received a bachelor's degree in electrical engineering and a master's degree in finance from Drexel University. He is a member of the Board of Trustees of Drexel University and serves on the Concordia University President's Advisory Council. In 1993, Mr. Straub was named Orange County, CA Technology Entrepreneur of the Year.
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Chairman and Interim Chief Executive Officer | Current |
| Vangard Voice Systems, Inc. | Chairman | Current |
| Concordia University | Board of Directors | Current |
| Drexel University | Board of Directors | Current |
| Rainbow Technologies | Co-Founder | Former |
| SafeNet, Inc. | Board of Directors | Former |
| Drexel University | Master's Degree In Finance | Former |
| Drexel University | Bachelor's Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | CTO, Embedded Division | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | CTO, Enterprise Security Division | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | CFO | Current |
| SafeNet, Inc. | CFO | Current |
| Datakey Electronics, Inc. | CFO | Former |
| Microsoft Corporation | Chief Financial Officer | Former |
| DePaul University | Masters in Business Administration | Former |
| Northwestern University | Bachelor of Science degree | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Senior Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Customer Quality & Suppport | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President & General Manager, OEM, Networking | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Sales, Asia Pacific | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President of Marketing, Enterprise Division | Current |
| Qwest Corporation | Senior Vice President of Marketing and Product Management | Former |
| LCI Corporation International | Senior Vice President of Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President & Worldwide Controller | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Enterprise Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Semiconductor Development | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Commercial Sales, Worldwide | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Embedded Sales, Worldwide | Current |
| Certicom Corp. | Senior Vice President of Worldwide Sales and Business Development | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Sales, Worldwide | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Commercial Sales | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Prod Services | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Vice President, Govt Sales | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Director, Product Management | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Director, Product Management | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Senior Vice President & General Manager, Enterprise Security | Current |
| Eletronicsbuzz.Com | Director | Current |
| Motorola, Inc. | Engineering Manager | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Senior Vice President & General Manager, Embedded Security | Current |
| Organization | Position | Status |
|---|---|---|
| Harrison Enterprises, LLC. | Founder | Current |
| SafeNet, Inc. | Advisor | Current |
| SafeNet, Inc. | Board of Directors | Current |
| NetManage, Inc. | Director | Current |
| Librados, Inc. | Board of Directors | Current |
| Astrotech Corporation | Chief Executive Officer | Former |
| Symbol Technologies, Inc. | Chief Executive Officer | Former |
| Symbol Technologies, Inc. | Chairman | Former |
| Astrotech Corporation | Chairman of the Board of Directors | Former |
| New York University | Ph.D. | Former |
| Polytechnic University | Ph.D. | Former |
| Polytechnic University | M.S. In Electrophysics | Former |
| New York University | Bachelor of Science In Electrical Engineering | Former |
Andrew E. Clark has served as a director of the Company since 2001. He is Chairman and President of Wheatfield Ventures, LLC, a private equity firm concentrating on early stage investing within the technology sector. Mr. Clark sits on the Advisory Board of Spring Capital Partners, L.P., a small business investment company providing subordinated mezzanine debt financing in the Mid-Atlantic region, and is also a member of the board of directors of Howard Bancorp. From October 1997 through December 2000, Mr. Clark held various executive positions with Verio, Inc., including President of the eBusiness/ Custom Web Development and East Regional business units. Mr. Clark began his career as a professional at KPMG Peat Marwick. He received his B.S. degree in Accounting from Washington and Lee University and is a Certified Public Accountant in the State of Maryland.
| Organization | Position | Status |
|---|---|---|
| Spring Capital Partners, L.P. | Advisory Board | Current |
| SafeNet, Inc. | Board of Directors | Current |
| Verio Inc. | President | Former |
| KPMG International | Former | |
| Lee University | B.S. degree in Accounting | Former |
| Washington and Lee University | B.S. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| ITM Software | Current | |
| Tenix Datagate, Inc. | Current | |
| Silicon Graphics, Inc. | Current | |
| Federal Bureau of Investigation | Chairman | Current |
| CACI International Inc. | Board of Directors | Current |
| Ciena Corporation | Board of Directors | Current |
| Essex Corporation | Board of Directors | Current |
| Novodynamics, Inc. | Board of Directors | Current |
| Attensity Corporation | Board of Directors | Current |
| Abraxas Corp | Board of Directors | Current |
| Intevac, Inc. | Board of Directors | Current |
| Neokinetics | Board of Directors | Current |
| Lnxw | Board of Directors | Current |
| Intelli-Check - Mobilisa, Inc. | Director | Current |
| Mobilisa, Inc. | Board of Directors | Current |
| Ats Corp | Board of Directors | Current |
| Mhone | Director | Current |
| Intelli-Check, Inc. | Board of Directors | Current |
| SafeNet, Inc. | Board of Directors | Current |
| Terremark Worldwide, Inc. | Board of Directors | Current |
| ESL, Inc. | President | Former |
| Esl | President | Former |
| TRW, Inc. | Vice President | Former |
| TRW, Inc. | Deputy General Manager | Former |
| Surveillance Group Inc | Manager | Former |
| Advanced Systems Development Inc. | Assistant Secretary of Defense | Former |
| Intelligence, Inc. | Assistant Secretary | Former |
| Ats Corp | Special Advisor | Former |
| Control, Inc | Assistant Secretary | Former |
| National Reconnaissance Office | Former | |
| U.S. Navy | Former | |
| Control, Inc | Board of Directors | Former |
| Co-Defense | Secretary | Former |
| The Boeing Company | Board of Directors | Former |
| Steelcloud Inc. | Director | Former |
| Depart-Ment | Board of Directors | Former |
| Intelligence, Inc. | Board of Directors | Former |
| University of Santa Clara | M.S. Degree In Mechanical Engineering | Former |
| San Jose State University | Master of Science Degree In Mechanical Engineering | Former |
| San Jose State University | B.S. Degree In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Board of Directors | Current |
| Bulbtronics Inc. | President & CEO | Former |
| Amtech Systems, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Biometric Associates, Inc | Co-Founder and Chairman of the Board | Current |
| SafeNet, Inc. | Board of Directors | Current |
| Pacific Architects, Inc. | President | Former |
| University of Grenoble | Doctorate Degrees | Former |
| The George Washington University | Doctor of Business Administration degree | Former |
| University of Detroit Mercy School of Law | Master of Business Administration | Former |
| Massachusetts Institute of Technology | Master of Science degree in civil engineering | Former |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SafeNet, Inc. | Board of Directors | Current |
| AT&T Inc. | Former | |
| The George Washington University | Master's studies | Former |
| Fairleigh Dickinson University | Master's degree | Former |
Executive News
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William LaPerch and the Honorable Arthur Money Join Liquid Computing Board of Advisors
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