http://professional.venturewire.com/exclusives.asp?sid=LNKMILMPQI VentureWire Exclusives back Simple Access Acquires Intel's Network Systems Unit By Michelle Tsai 11/12/2002 NEWTON, Mass. -- Simple Access, a developer of security appliances for broadband access and server-based environments, said it has acquired Toronto-based Intel Network Systems, a subsidiary of Intel and renamed itself Shiva. The Network Systems unit was formerly known as Shiva until its acquisition by Intel in 1999. Terms of the deal were not disclosed. Intel Capital will hold an equity stake in the new Shiva. The new Shiva will integrate the acquired VPN products with its existing broadband, firewall, and secured socket layer business. Ten engineering and marketing employees from Intel Network Systems will join the new Shiva in Toronto. The new Shiva will have 44 employees in total. The original Shiva, which was formed in 1985, developed remote access and virtual private networking hardware for the small to medium enterprise market. Simple Access, which develops appliances to secure both Internet and Intranet transactions and communications, formed in 2001 and was backed by individual investors prior to this deal. David Powers, a spokesperson for the new Shiva, said that although Simple Access and Intel Network Systems were not direct competitors, Simple Access was beginning to add VPN capabilities to some of its products. The new Shiva is based in Montreal with U.S. headquarters in Newton, Massachusetts, and sales offices in the U.S. and the United Kingdom. -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'