SafeNet Acquires Assets Of Beep Science

Monday, June 02, 2008 (www.AllPayNews.com) - SafeNet, Inc. has acquired assets of Beep Science AS, a provider of mobile digital rights management (DRM) software. SafeNet will integrate Beep Science's mobile DRM software to offer end-to-end, open standards-based digital rights management solutions for service providers, device manufacturers, platform vendors and content owners.

"This acquisition supports SafeNet's ongoing commitment to delivering complete end-to-end security solutions to the mobile industry," said Prakash Panjwani, senior vice president and general manager, commercial security division, SafeNet. "Beep Science's DRM software solutions complement SafeNet's portfolio of mobile security solutions to comprehensively address the encryption and data protection needs of all customers across the mobile value chain."

"As accessing high bandwidth networks from mobile handsets becomes increasingly commonplace the requirement to protect high-value content, network data and new premium services like mobile payments and mobile TV will become a priority," said Jan Rune Hetle, CEO, Beep Science. "SafeNet has demonstrated a strong commitment to developing and delivering best-in-breed security solutions for stake-holders across the mobile value-chain, and we are proud to be joining their team."

Beep Science's DRM software will join the portfolio of mobile content and mobile platform security applications already offered by SafeNet including IMS security, data-at-rest encryption, mobile VPN software and protection against device cloning, SIM unlocking and device re-imaging.

SafeNet will continue to work with Beep Science's customers, partners, standards bodies and industry organisations to define the future of mobile-based service and content distribution, consumption, networking. The combination of SafeNet-Beep Science solutions will become part of SafeNet's commercial security division under the direction of Panjwani.