Tumbleweed Communications Corp.

• 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

Peer Companies

• Electronic Data Systems Corp.
• Computer Sciences Corp.
• Synnex
• IFX Corp.
• Crealogix Holding AG
• All Companies