The Channel logo

back to article Sourcefire snorts at unsolicited takeover bid

Sourcefire has rejected an unsolicited takeover bid from Barracuda Networks. The firm, which develops a commercial version of Snort, the popular open source intrusion detection tool, said Barracuda's $187m bid "substantially undervalues" Sourcefire. In a terse statement on Friday, Sourcefire's board said it was better off as a …


This topic is closed for new posts.

$7.50 a share?

And how would this be payed? probably partially or totally with Barracuda shares, which they say are worth a small fortune. But since it is a private company they don't have to justify the share price. Seen this one before, Barracuda the masters of smoke and mirrors

This topic is closed for new posts.



Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe