Intel to Acquire Shiva
- By Scott Bekker
Intel Corp. today announced plans to acquire Shiva Corp. (Bedford, Mass., www.shiva.com
), a remote access and virtual private networking software company founded in 1985.
Under the merger agreement, Shiva will become a wholly owned subsidiary of Intel, and will operate as part of the Intel Networks Product division. Intel said it would maintain Shiva's entire product line, but that over time the products would be integrated into Intel's networking product line.
Commenting on the deal, Shiva Chairman and CEO James Zucco Jr. said Shiva's customers would benefit from an easier path to deployment and management, and that they would now be able to take advantage of a single supplier for their data networking needs. --Michele Rosen, Staff Reporter, New York Correspondent
Scott Bekker is editor in chief of Redmond Channel Partner magazine.