Security And Cloud Application Developer
Location California,United States
Asking Price Range > $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train.
Reason for Sale Strategic.
Description The company for sale is a security software and cloud application developer with solutions for the Banking, Healthcare, Legal, Commercial and Government sectors, which represents an opportunity to become a unique and important part of the growing security and cloud software market. The company's technology obviates one of the biggest inhibitors to cloud computing adoption; security concerns.
The company leverages proprietary core technology to differentiate themselves from the competition. Their e-Token two factor strong authentication SSL\VPN product can securely connect any smart mobile device to a network. Their electronic Display Cards add two factor strong authentication to any Credit Card or Bank Card providing a secure transaction, effectively thwarting identity theft. Their security suite provides comprehensive data protection, hair and fiber type forensics, Identity Security Protection, user authentication, and access control above Military Grade Security required by GLBA, SOX and HIPPA.
Building upon their Security Suite, the company deployed Five Cloud Computing applications: a Document Management System, a Customer Relations Management System, Web and Video Conferencing System, a Toxic Asset Management system, and a Property Management System.
Ownership believes they have a significant technology lead over their competition. This is an ideal acquisition for a company seeking a presence in the security or cloud applications marketplace. The company is pre-approved for funding from a capital investment company to qualified buyers. For more information please email or contact John DeGolyer at 310-882-2200 x 109.
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