BNET Industries
Last Fiscal Year Sales:$57.4M
- Public
- US
Dow Jones Description
Tumbleweed Communications Corp. (Tumbleweed or we) is a recognized expert in providing managed file transfer, email security, and identity validation products for enterprise and government customers of all sizes. We provide comprehensive solutions that enable organizations to safely and confidently conduct business over the Internet, protecting data in motion and at rest with intuitive, pragmatic solutions that promote collaboration, prevent data loss, and reduce the cost of doing business. On June 5, 2008, Tumbleweed entered into an Agreement and Plan of Merger with Axway Inc., an indirect wholly owned subsidiary of Sopra Group SA. If the merger is consummated, Tumbleweed will become a wholly-owned subsidiary of Axway Inc., and each outstanding share of Tumbleweed will be converted into the right to receive $2.70 in cash without interest. On August 8, 2008, the stockholders of Tumbleweed approved the merger. However, consummation of the transaction remains subject to various closing conditions, including expiration of the review process under Exon-Florio. Our customers deploy our security products between their network and the Internet to effectively protect against inbound threats and outbound vulnerabilities, and to automatically encrypt and securely deliver data to third parties. In addition, all of our products are designed to integrate with existing business and email systems, requiring no significant change in existing firewall or system infrastructures. ...
Number of Employees 332
Contact Information
700 Saginaw Dr
Redwood City, California 94063-4752
1 650 216 2000
Peer Companies
NAICS Code Computer Facilities Management Services: 541513
Recent Events
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Tessera Promotes Bernard Cassidy to Executive Vice President
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Axway Integrates SecureTransport with Synchrony Sentinel
News & Analysis
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Free Subscription for Investors from Stock Profiler.US.
- 2006-10-31
M2 PRESSWIRE-31 October 2006-StockProfiler.US: Free Subscription for Investors from Stock Profiler.USC1994-2006 M2 COMMUNICATIONS LTD RDATE:30102006 New York, NY - Captaris, Inc. (NASDAQ: CAPA); AMICAS, Inc. (NASDAQ: AMCS); Moldflow (NASDAQ: MFLO); Tumbleweed Communications Corp. (NASDAQ: TMWD); Corillian Corp. (NASDAQ: CORI); InfoVista (NASDAQ:...
Public-equity options let restaurants cash in: over-the-counter trading and reverse mergers help companies raise capital and sidestep costly reporting requirements
- 2006-10-16
Trading over the counter doesn't have the glamour of being listed on the New York Stock Exchange or Nasdaq, but a number of restaurant chains have found that it's an efficient way to raise capital and avoid dealing with stiff Sarbanes-Oxley reporting requirements. Reverse mergers--in which a corporate identity...
Volpe Brown Whelan & Company Serves as an Advisor for WorldTalk Communications Corporation in Its $191 Million Sale to Tumbleweed Corporation
- 1999-11-19
SAN FRANCISCO--BUSINESS WIRE--Nov. 19, 1999-- Volpe Brown Whelan & Company VBW, the leading investment bank focused exclusively on technology and healthcare, today announced that it served as an advisor for WorldTalk Communications Corporation (Nasdaq:WTLK) in its $191 million sale to Tumbleweed Corporation (Nasdaq:TMWD). -0- -- Under...
Tumbleweed's Registration Statement Effective With SEC Offering Being Made Directly to Investors
- 1998-09-25
LOUISVILLE, Ky.--BUSINESS WIRE--Sept. 25, 1998--Tumbleweed, Inc. (proposed trading symbol: TUWD) today announced that a registration statement for its initial public offering of 1,200,000 shares of common stock is now effective with the Securities and Exchange Commission. The initial public offering price is expected to be $10.00 per share. All...
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White Papers, Webcasts, and Resources
- VoIP Applications for the Enterprise ZDNet As more and more enterprises begin to realize the promise of Voice over IP ... Download Now
- Fact or Fiction: Debunking the Top 5 Misconceptions about Data Protection Lumension One of the latest trends in IT security has been the shift in focus toward ... Download Now
- Controlling OPEX in Enterprise Communications TechRepublic Controlling your telecommunications costs is essential to surviving in ... Download Now
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