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Dell Reaches Agreement to Acquire Credant, an Award-Winning Provider of Data Protection Solutions



  Dell Reaches Agreement to Acquire Credant, an Award-Winning Provider of Data
  Protection Solutions

Business Wire

ROUND ROCK, Texas -- December 18, 2012

Dell today announced it has reached an agreement to acquire Credant
Technologies, an industry-leading provider of data protection solutions to
control, manage and secure data sent from endpoints to servers, storage and
the cloud. The addition of Credant technology strengthens Dell’s computing
solutions and improves the manageability, reliability and security engineered
into its enterprise computing portfolio.

Credant technology is a simple, comprehensive and transparent solution that is
easy to deploy and protects data across its full lifecycle. Credant protects
and encrypts user and corporate data – from PC to mobile to cloud – and works
with enterprises’ existing systems management processes. Further, the
technology supports multiple mobile operating systems allowing companies to
confidently embrace the growing “bring your own device” movement.

Credant Leadership

Credant secures more than 2 million endpoints with customers in a variety of
industries including, Aerospace and Defense, Energy, Financial Services,
Universities, Public Sector, Drugs and Healthcare, Retail and Consumer, and
Telecommunications, IT and Media.

Credant offers:

  * Simplified Security Management. Single console for full end user ecosystem
    PC, tablets, external media, mobile devices and public clouds.
  * Lower cost of PC lifecycle maintenance for encrypted machines. Works
    seamlessly with existing IT tools and processes. Data-centric approach to
    encryption doesn’t interfere with existing IT maintenance tools like patch
    management, application updating or password recovery.
  * Flexible data protection. Protects wherever data goes from smart phone to
    the cloud including core PC device data, largest variety of removable
    media, self-encrypting drives, MS BitLocker clients, mobile devices and
    end user data in the cloud.
  * Ease in deployment and provisioning. Provision users up to 5.5x faster
    than competitive solutions – saving more than three hours per PC. Remotely
    manage end point encryption and authentication policies from single
    console.
  * High levels of security and protection. The Dell Hardware Encryption
    Accelerator solution equips end-user systems with military-grade
    protection. It also reaches the highest level of U.S. Federal Information
    Processing Standards (FIPS) certification for endpoint disk encryption
    commercially available, 140-2 Level 3.

Dell has taken significant steps over the past three years to expand its
security portfolio to offer customers a complete range of world-class security
solutions. Today, Dell delivers comprehensive solutions to help customers
identify the appropriate technologies and services to manage risk, regardless
of the resources available to manage security. Dell’s security services and
solutions enable organizations of all sizes to protect their IT assets, comply
with regulations and reduce security costs.

Financial details of the transaction were not disclosed.

Quotes

“In today’s work environment data is always in-flight -- from work being done
on a local PC, being sent via email, stored on a USB drive and saved in the
cloud. Each one of those experiences represents a potential security risk. As
a result, businesses need a data protection strategy that is comprehensive,
flexible and easy to deploy,” said Jeff Clarke, president, End User Computing
Solutions at Dell. “The Credant assets will complement and extend current Dell
device security features to make Dell Latitude, OptiPlex and Dell Precision
computers among the world’s most secure. When combined with the change in
compute behaviors and data in-flight, Dell can now offer a differentiated
security proposition based on its own intellectual property.”

“Protecting critical information has only become more important as
organizations globally struggle to protect their data in an ever more complex
world,” said Bob Heard, chief executive officer and founder of Credant. “This
combination allows Credant to bring its deep capabilities in data security to
Dell’s robust solution set and customer base. Together, we will continue to
focus on innovation and building value that result in beneficial outcomes for
our customers.”

About Credant

Credant was founded in 2001 and is headquartered in Addison, Texas. Dell has a
long-standing joint development partnership and OEM agreement with Credant and
uses its technology in its Dell Data Protection|Encryption solution.

About Dell

Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative
technology and services that give them the power to do more. For more
information, visit www.dell.com.

Dell, Latitude, OptiPlex and Dell Precision are trademarks of Dell Inc. Dell
disclaims any proprietary interest in the marks and names of others.

Special Note: Statements that relate to future results and events are
forward-looking statements based on Dell's current expectations. Actual
results and events in future periods may differ materially from those
expressed or implied by these forward-looking statements because of a number
of risks, uncertainties and other factors. Risks, uncertainties and
assumptions include the possibility that projected benefits may not
materialize as expected; that the transaction may not be timely completed, if
at all; that Dell is unable to successfully implement the plans, strategies
and objectives of management for future operations, including the execution of
integration strategies; and other risks that are described in Dell’s
Securities and Exchange Commission reports. Dell undertakes no obligation to
update these forward-looking statements.

Contact:

Dell Inc.
Media Contacts:
Jim Hahn, 512-723-4401
jim_hahn@Dell.com
or
Investor Contacts:
Rob Williams, 512-728-7570
robert_williams@Dell.com
or
David Mehok, 512-728-4225
david_mehok@Dell.com
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