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PGP Acquired From NAI

lowy writes "PGP Corporation, the 'new company with a long history' today announced that it has received $14 Million in funding and acquired the PGP Desktop and Wireless encryption product lines from Network Associates, Inc." PGP Corporation issued five press releases today, but we'll forgive it because it actually has products to sell, promises to keep offering a freeware version, and is taking on tech support for existing customers. Also, the email from NAI to its customers follows.

August 19, 2002

Dear Customer,

Today we are pleased to announce that PGP Corporation, a newly formed, venture-funded security company, has acquired the PGP desktop encryption and wireless product lines from Network Associates. As you know, prior to placing the products into maintenance mode, we were actively looking for a buyer that would continue the development and support of the technology.

Network Associates has retained products developed using PGPsdk including McAfee E-Business Server for encrypted server-to-server file transfer, McAfee Desktop Firewall and McAfee VPN Client. These products will remain a part of Network Associates existing product portfolio and we will continue to develop them to meet your security needs. PGP Corporation has acquired PGPmail, PGPfile, PGPdisk, PGPwireless, PGPadmin and PGPkeyserver encryption software products for Win32 and Macintosh, PGPsdk encryption software development kit, and PGP Corporate Desktop for Macintosh.

In addition to the technology, PGP Corporation has acquired all worldwide customer license agreements and technical support obligations. To ensure a seamless transition, Network Associates will work with PGP Corporation to support PGP customers through October 26, 2002. PGP Corporation will contact you shortly with details on its plans and product direction.

We trust that you will have continued success with the PGP desktop and wireless encryption products through PGP Corporation. Network Associates appreciates your business and we value our continued relationship across our remaining product lines.

3 of 175 comments (clear)

  1. Thankfully... by JoshMKiV · · Score: 2, Interesting

    Thank you!!! Freeware just didn't cut it for some installations. We were happy to pay for the product, but then NAI dumps it... The time between owners will hurt PGP, but the damage shouldn't be too bad. Now if Meta and the like will start to recommend it...

  2. Command line version? by Malc · · Score: 2, Interesting

    I recently tried out GPG with Mozilla's enigmail. What a horrible experience. I'm back to the PGP6.x. It would be nice if PGP7.x hadn't removed the command line tools... can we please have them back?

    1. Re:Command line version? by kcurrie · · Score: 2, Interesting

      What didn't you like? I use it daily and it works wonderfully (at least in the latest version, running on 1.1b). Even my tech-challenged wife is able to sign and encrypt emails to others without my help.

      --
      -- I speak only for myself.