Thursday, November 20, 2008

Gordan Eubanks joins Perimeter eSecurity board

By Mass High Tech Staff

Former Symantec Corp. CEO Gordon Eubanks has joined the board of directors at Perimeter eSecurity Inc., the company announced Wednesday. Founded in 1999, Milford, Conn.-based Perimeter eSecurity sells on-demand subscriptions to more than 50 tech security services, including firewall intrusion detection, anti-virus detection for e-mail, system auditing and remote backup.

The company is privately held.

Eubanks was CEO at Symantec (Nasdaq: SYMC), the California-based maker of business and consumer software, including the Norton anti-virus suite, from 1983 to 1999. Following that, he was CEO at identity management software maker Oblix Inc., until 2004. Oblix was acquired by California-based Oracle Corp. (Nasdaq: ORCL) in 2005.

He is currently chairman of New York-based Transforma Acquisition Group Inc. (AMEX: TAQ).

Perimeter eSecurity’s software-as-a-service model is suited to the enterprise’s need for lsee capital-intensive IT security and compliance solutions, Eubanks said in a statement included in Wednesday’s press release.

In June, Perimeter eSecurity reported it had acquired Arizona-based Edgeos Inc., a provider of on-demand, managed vulnerability services for security software providers. Financial terms of the deal were not disclosed.

Between 2003 and January 2007, when it bought New York-based e-messaging compliance software developer SECCAS for undisclosed terms, Perimeter bought 10 firms. SECCAS was the 10th. The buying spree included only one New England company – Lowell’s Message Secure Corp., purchased by Perimeter in January 2007.