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Boeing Announces Agreement to Acquire Narus

  • Advances Boeing strategy to continue growing cybersecurity business
  • Provides proven network traffic and analytics software to domestic and international customers
  • Builds upon established working relationship and technical partnership

 

NEW DELHI -- July 8, 2010 — Boeing [NYSE: BA] today announced an agreement to acquire Narus Networks Private Limited, a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks. 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.  “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 ever-increasing cybersecurity has gained prominence 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. Combined with the modeling and simulation capabilities we have here in India, Narus' technical capabilities demonstrate Boeing's commitment to designing and securing customer networks in order to protect vital information. With this acquisition, we have further diversified and strengthened our portfolio in India, 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 Bengaluru 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 Bengaluru 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 U.S. 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.


Contact:

Amrita Dhindsa
BDS India Communications
Mobile: +91 96546 06067
amrita.dhindsa@boeing.com

 

Swati Rangachari
Boeing India Communications
Mobile: +91 999 9162000
swati.rangachari@boeing.com

 

David Sidman
Boeing Communications
314-232-1980
david.sidman@boeing.com




About Narus
Narus is a software company that through its real-time traffic intelligence and analytics technologies enables customers to identify and act on anomalous traffic in its network. Coupled with its unique algorithms and analytics, Narus enables carriers, governments and enterprises to manage and protect their large IP networks against cyber threats and the risks of doing business in the cyberspace.  Narus provides this information in real time and can be used in large distributed networks because its software is massively scalable.

Narus is the only software company that provides security, intercept and traffic management solutions based on a single, flexible system. With Narus, service providers, governments and large enterprises around the world can immediately detect, analyze, mitigate and target any unwanted, unwarranted or malicious traffic. Narus solutions provide customers with complete, real-time insight into all of their IP traffic from the network to the applications, enabling customers to take the most appropriate actions quickly.

Narus’ system protects and manages the largest IP networks in the United States and around the world, some of which include KT (Korea), KDDI (Japan), Raytheon, Telecom Egypt, Reliance (India), Sify (India), Cable and Wireless, Saudi Telecom, U.S. Cellular, Pakistan Telecom Authority and many more. Narus is a privately held, U.S. company, headquartered in Sunnyvale, Calif., in the United States, with regional offices around the world. For more information, please visit www.narus.com.

 

 

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