Blue Coat Systems

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Blue Coat Systems Inc.
Type Private
Industry Application Delivery Network
Predecessor(s) CacheFlow
Founded 1996
Headquarters Sunnyvale, California, United States
Key people Greg Clark (CEO)
David Murphy,
(President and COO)[1]
Products Proxy SG, MACH5, K9 Web Proxy, PacketShaper, CacheFlow
Revenue increaseUS$496M (FY 2010)[2]
Operating income increaseUS$39.3M (FY 2010)[2]
Net income increaseUS$42.9M (FY 2010)[2]
Total assets increaseUS$696M (FY 2010)[3]
Total equity increaseUS$386M (FY 2010)[3]
Employees more than 1,250 (as of 2010)[4]
Parent Thoma Cressey Bravo
Website http://www.bluecoat.com/

Blue Coat Systems Inc., formerly CacheFlow, based in Sunnyvale, California, United States is a leading provider of Web security and WAN optimization solutions. Founded in 1996, Blue Coat provides products to more than 15,000 customers worldwide, including 88% of the Fortune® Global 500. It identifies itself as an application delivery network (ADN) specialist.[5] [6]

On December 9, 2011 Blue Coat agreed to be acquired by Thoma Cressey Bravo for $1.3 billion. With the closing of the transaction, Blue Coat stock was delisted from NASDAQ and was no longer a publicly traded company.[7][8]

Contents

[edit] History

Blue Coat Systems was founded in 1996 as CacheFlow, with the original headquarters in Redmond Washington.

[edit] List of products

  • Web Security
    • ProxySG, Multi-part enterprise software and hardware appliance, designed for companies with a large number of computers. The BlueCoat ProxyClient portion of the software is currently in use by the New South Wales, Queensland Department of Education and Training as filtering software for the government netbook rollout.
    • Cloud Service, Cloud based web security
  • WAN Optimization
    • MACH5, Accelerate internal and external applications for distributed employees.
    • PacketShaper, Content-aware visibility and control over network and applications.
  • Personal Security
    • K9 Web Protection, Free to use Protection for use as a parental control and to filter internet browsing.
  • Service Provider Caching
    • CacheFlow, Caching solutions for carriers customers.

[edit] Acquisitions

In 2006, Blue Coat acquired NetCache from NetApp.[9][10]

In 2008, Blue Coat acquired Packeteer, a networking management company.[11] [12][13]

In 2010, Blue Coat acquired S7 Software Solutions, a provider of software migration products and services.[14]

[edit] Involvement in Syria

In October 2011 it was reported [15] [16] that the US government is looking into claims made by Telecomix that the Syrian government is using the company's products in order to restrict internet access. The hacktivist group released 54Gb of log data alleged to have been taken from seven Blue Coat web gateway appliances that depict search terms including 'Israel' and 'proxy' were blocked in the country using the appliances. [17]

Blue Coat says that it is possible that their equipment could be acquired via the grey market or on eBay.[citation needed]

[edit] See also

[edit] References

  1. ^ Schick, Steve (March 26, 2012). "Blue Coat Names Industry Veteran as Chief Operating Officer and President". Blue Coat Systems Inc. http://www.bluecoat.com/company/press-releases/blue-coat-names-industry-veteran-chief-operating-officer-and-president. Retrieved 26 March 2012. 
  2. ^ a b c Blue Coat Systems (BCSI) annual SEC income statement filing via Wikinvest.
  3. ^ a b Blue Coat Systems (BCSI) annual SEC balance sheet filing via Wikinvest.
  4. ^ "Blue Coat Systems Corporate Fact Sheet". http://www.bluecoat.com/doc/direct/10246. Retrieved March 29, 2011. 
  5. ^ Alva, Marilyn (October 22, 2009). "Bandwidth Police Help Keep Corporate Networks Humming". Investor's Business Daily. http://www.investors.com/NewsAndAnalysis/Article/509925/200910221805/Bandwidth-Police-Help-Keep-Corporate-Networks-Humming.aspx. Retrieved 7 March 2011. 
  6. ^ "Blue Coat swings to $8.4M Q2 profit". Silicon Valley / San Jose Business Journal. Tuesday, November 24, 2009. http://sanjose.bizjournals.com/sanjose/stories/2009/11/23/daily33.html. Retrieved 27 December 2009. 
  7. ^ "Blue Coat Agrees to be Acquired by Private Equity Firm Thoma Bravo". December 9, 2011. http://www.bluecoat.com/company/press-releases/blue-coat-agrees-be-acquired-private-equity-firm-thoma-bravo. 
  8. ^ "Blue Coat to Operate as a Privately Held Company and Aggressively Advance its Leadership in Web Security and WAN Optimization". February 15, 2012. http://www.bluecoat.com/company/press-releases/blue-coat-operate-privately-held-company-and-aggressively-advance-its. 
  9. ^ Chris Williams (23rd June 2006). "NetApp flogs NetCache to Blue Coat". The Register. http://www.theregister.co.uk/2006/06/23/netapp_sells_netcache/. 
  10. ^ Rebecca Munro (19 October 2006). "Blue Coat looks for partners to help NetCache transition". ARNnet. http://www.arnnet.com.au/article/167954/blue_coat_looks_partners_help_netcache_transition/. 
  11. ^ Greene, Tim (April 21, 2008). "Blue Coat to buy Packeteer Traffic shaping, application visibility, customer list are the reasons". Network World. http://wwww.networkworld.com/news/2008/042108-blue-coat-buys-packeteer.html. Retrieved 27 December 2009. 
  12. ^ Lawson, Stephen (April 21, 2008). "Blue Coat to Acquire Packeteer for $268 Million". PC World. http://www.pcworld.com/businesscenter/article/144902/blue_coat_to_acquire_packeteer_for_268_million.html. Retrieved 27 December 2009. 
  13. ^ Press release - Blue Coat Completes Acquisition of Packeteer June 9, 2008
  14. ^ "Blue Coat Systems acquires S7 Software Solutions". Reuters. February 12, 2010. http://in.reuters.com/article/2010/02/12/idINIndia-46123720100212. Retrieved March 29, 2011. 
  15. ^ "US probes Syria's use of internet blocking equipment". BBC. October 24, 2010. http://www.bbc.co.uk/news/mobile/technology-15437696. Retrieved October 25, 2011. 
  16. ^ "Syria using American software to censor Internet, experts say". The Washington Post. October 22, 2010. http://www.washingtonpost.com/world/national-security/syria-using-american-software-to-censor-internet-experts-say/2011/10/22/gIQA5mPr7L_story.html. Retrieved October 25, 2011. 
  17. ^ "Blue Coat denies sale to Syrian censors". Information age. October 25, 2010. http://www.information-age.com/channels/security-and-continuity/news/1663973/blue-coat-denies-sale-to-syrian-censors.thtml. Retrieved October 25, 2011. 

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