SafeNet Company Description
SafeNet tries to make the world a safer place. The company provides security products that protect network communications, software applications, and personal identity. Its employs encryption technology in USB identity tokens and smart cards, virtual private networks (VPNs) and security appliances, and software anti-piracy and digital rights management products. SafeNet's sells software and hardware systems, as well as components that third parties embed in their own products. Its customers include financial institutions, government agencies, and large corporations. The company was acquired by technology buyout specialist Vector Capital for $634 million in 2007.
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The Company Description provides a historical perspective of SafeNet's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SafeNet's evolution in the marketplace.





