Zix Buys AppRiver: Email Security Game-Changer
Dallas-based Zix is buying email security provider AppRiver and in doing so it is making a massive push into the channel, increasing the number of its partners 10-fold with the stroke of a pen. The deal is expected to create a secure email juggernaut in the SMB market with annual recurring revenue of $180 million and “game-changing application delivery for MSPs,” Zix CEO David Wagner told CRN.
Zix Takes Aim at Competitors With AppRiver Acquisition
Channel Futures |
Email security provider Zix plans to double its annual revenue by acquiring AppRiver. The pairing will significantly expand Zix’s footprint through AppRiver’s numerous and longstanding partnerships, including growing its channel partners from about 400 to more than 4,000, and its customer base from about 20,000 to 80,000.
Zix Buys AppRiver in Email Security Channel Push
E-mail security vendor Zix Corp. on Tuesday doled out $275 million in cash for AppRiver LLC, a channel-first provider of cloud-based cybersecurity and productivity services with more than 60,000 customers and a reseller force of 4,500 MSPs.
6 Things You Need To Know About Zix’s Planned Purchase Of AppRiver
In a big shakeup for secure email, Zix is creating an SMB behemoth that is poised to see $180 million in annual revenue and massive opportunities for partners, Zix CEO David Wagner tells CRN. Here are six things you need to know about the acquisition.
Zix CEO: We’re Committed to AppRiver’s MSP Partners
Zix, which is acquiring AppRiver for $275 million, will bet heavily on MSPs (managed services providers) as part of its long-term email security growth strategy, according to Zix CEO David Wagner.
Zix Acquiring AppRiver to Bolster Email Security for SMBs
Security Now |
In a move looking to bolster its portfolio of email, compliance and other security tools for small and midsized businesses, Dallas-based Zix has inked a $275-million deal to acquire AppRiver, a provider of cloud-based cybersecurity services.
Dallas’ Zix Corp. Pays $275 Million to Buy Cybersecurity Firm Nearly Twice its Size
Dallas News |
January 14 will go down as a "truly monumental day" in the history of Dallas email security firm Zix Corp., its CEO told investors Tuesday. A day after striking a $275 million deal to buy a Florida company that's roughly twice its size, Zix chief executive David Wagner said the acquisition of AppRiver will dramatically accelerate his firm's growth.
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What Could New SEC Rules Mean for Your Cybersecurity Strategy
Cybersecurity and transparency are not new problems. However, the SEC and others are increasingly treating these issues as investor concerns, which is appropriate. After all, cyberattacks and data breaches can lead to falling stock prices, causing investors to also become victims.