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By Jamie Smith Hopkins, The Baltimore Sun | July 28, 2013
Who would have guessed 15 years ago that Martin Roesch's free computer network-security program would turn into a $2.7 billion deal? Roesch used the no-cost software he developed in 1998 - called Snort because it sniffs out trouble - as the foundation for Columbia cybersecurity firm Sourcefire Inc. On Tuesday, the company announced that it had agreed to sell itself to tech giant Cisco Systems Inc. The price speaks to the business potential in...
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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 28, 2013
Who would have guessed 15 years ago that Martin Roesch's free computer network-security program would turn into a $2.7 billion deal? Roesch used the no-cost software he developed in 1998 - called Snort because it sniffs out trouble - as the foundation for Columbia cybersecurity firm Sourcefire Inc. On Tuesday, the company announced that it had agreed to sell itself to tech giant Cisco Systems Inc. The price speaks to the business potential in...
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BUSINESS
July 24, 2013
1998: Martin Roesch makes a program called Snort, which "sniffs out" network hackers and viruses , available for free online. 2001: Roesch founds Sourcefire in his Carroll County living room in order to produce a commercial version of Snort. October 2005: Check Point Software Technologies Ltd., an Israeli company, announces plans to acquire Sourcefire for $225 million. March 2006: Check Point abandons the acquisition after a federal panel begins investigating the deal. Federal officials opposed the acquisition, fearing it could result in the exposure of the government's network practices.
BUSINESS
July 24, 2013
1998: Martin Roesch makes a program called Snort, which "sniffs out" network hackers and viruses , available for free online. 2001: Roesch founds Sourcefire in his Carroll County living room in order to produce a commercial version of Snort. October 2005: Check Point Software Technologies Ltd., an Israeli company, announces plans to acquire Sourcefire for $225 million. March 2006: Check Point abandons the acquisition after a federal panel begins investigating the deal. Federal officials opposed the acquisition, fearing it could result in the exposure of the government's network practices.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | October 3, 2012
Sourcefire Inc., a Columbia-based provider of cybersecurity technology to government and commercial clients, said its CEO retired earlier this week after taking a medical leave to be treated for colon cancer. John C. Burris, 57, led Sourcefire since 2008. Company officials credited Burris, a former top executive with Citrix Systems, Lucent Technologies and AT&T, with helping it achieve profitability and expand its product offerings. Burris had been on medical leave since July. Martin Roesch, Sourcefire's founder and chief technology officer, is serving as the company's interim CEO until a successor for Burris can be found.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 23, 2013
A marquee name in the technology industry said Tuesday that it is buying Columbia-based Sourcefire - a homegrown player in the hot cybersecurity field - for $2.7 billion cash. Cisco Systems wants to bolster its security offerings with Sourcefire products, which protect the computers and networks of major businesses and government agencies. The Silicon Valley firm - eager to tap new talent and increase its footprint in the East Coast's major cyber hub - said Sourcefire's headquarters will remain in Columbia and it does not plan any job cuts.
BUSINESS
By Scott Dance, The Baltimore Sun | April 9, 2013
Columbia cybersecurity firm Sourcefire Inc. named John Becker, a longtime member of its board of directors, as the company's new CEO on Monday. Becker comes to Sourcefire from a position as CEO of ScienceLogic, a Reston, Va., company that sells network monitoring software and services. Before that, he led a series of information security companies that were each sold. He has served on Sourcefire's board since 2008. Becker steps in after Sourcefire founder and chief technology officer Martin F. Roesch led the company on an interim basis for nearly a year.
BUSINESS
By WILLIAM PATALON III and WILLIAM PATALON III,SUN REPORTER | October 7, 2005
Sourcefire Inc., a Columbia developer of hacker-prevention technology for computer networks, will be acquired by network security leader Check Point Software Technologies Ltd. in a deal valued at $225 million, the two firms announced yesterday. The state of Maryland and a local venture capital firm are poised to be big winners when the deal is consummated late this year or in the first quarter of 2006. The Maryland Venture Fund, which invested $550,000 through its Enterprise Investment Fund in February 2002, will receive a payout of nearly $4 million, said Elizabeth R. Good, the fund's managing director.
BUSINESS
By Dan Thanh Dang and Dan Thanh Dang,SUN STAFF | January 27, 2004
Sourcefire Inc., the Columbia supplier of network security systems, is expected to announced today that it has raised $15 million in a third round of investment financing, led by Sequoia Capital. Sequoia Capital is a Silicon Valley venture capital firm that has seeded such tech successes as Cisco Systems and Apple Computer. Chief Technology Officer Martin Roesch founded Sourcefire three years ago in his Carroll County living room. He is best known in technology circles as the author of Snort, the most widely used network intrusion detection system in the world.
BUSINESS
By Andrew Ratner and Andrew Ratner,SUN STAFF | June 26, 2002
A Columbia company that invented what it calls the world's most widely deployed technology to detect computer hackers announced yesterday that it received $7.6 million in venture capital to develop and market a commercial version of its product. Sourcefire, a 30-employee, privately held company, uses Snort, a detection technology developed by the company's founder, Martin Roesch. Even before the Sept. 11 terrorist attacks, network security was a major concern, exacerbated by outbreaks of computer viruses.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 23, 2013
A marquee name in the technology industry said Tuesday that it is buying Columbia-based Sourcefire - a homegrown player in the hot cybersecurity field - for $2.7 billion cash. Cisco Systems wants to bolster its security offerings with Sourcefire products, which protect the computers and networks of major businesses and government agencies. The Silicon Valley firm - eager to tap new talent and increase its footprint in the East Coast's major cyber hub - said Sourcefire's headquarters will remain in Columbia and it does not plan any job cuts.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | October 3, 2012
Sourcefire Inc., a Columbia-based provider of cybersecurity technology to government and commercial clients, said its CEO retired earlier this week after taking a medical leave to be treated for colon cancer. John C. Burris, 57, led Sourcefire since 2008. Company officials credited Burris, a former top executive with Citrix Systems, Lucent Technologies and AT&T, with helping it achieve profitability and expand its product offerings. Burris had been on medical leave since July. Martin Roesch, Sourcefire's founder and chief technology officer, is serving as the company's interim CEO until a successor for Burris can be found.
BUSINESS
By Andrew Ratner and Andrew Ratner,SUN STAFF | February 19, 2003
A Columbia company that pioneered a widely used technology for detecting computer hackers has received $11 million in venture capital, its second round of financing during the past year. Sourcefire Inc. received the latest infusion from a group led by New Enterprise Associates, a major venture firm in Baltimore, which invested about $6 million. Other investors included Sierra Ventures, Inflection Point Ventures and Core Capital Partners, all of which had earlier stakes in Sourcefire. Sourcefire sells software based on a technology called Snort that was created by Martin Roesch, the company's founder and chief technology officer.
BUSINESS
November 10, 2007
Awards The Anne Arundel Tech Council announced the winners of its 2007 TechAwards. Receiving the Good Chip Award was Carematic Systems Inc., developer of online software for adults with developmental disabilities; the Tech Service Award: NMR Consulting, an information technology company; and the Innovator Award: RxNT, maker of an automatic prescription system. Force 3, a 300-employee firm that provides communications networks, network management and application support to mostly government customers, was named Tech Company of the Year.
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