Sourcefire, Inc.Columbia, MD, United States (NASDAQ (GM): FIRE)

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Sourcefire Company Description

Sourcefire develops network security and information management systems. The company's 3D (for discover, determine, and defend) software is based on Snort, an open-source intrusion detection engine. The company targets government agencies and large enterprises in the finance, health care, manufacturing, and technology industries; customers have included PricewaterhouseCoopers, SAIC, and Ernst & Young. Entities affiliated with Sierra Ventures and New Enterprise Associates hold stakes in Sourcefire of 20% and 13%, respectively. In 2008 the company received two different unsolicited acquisition bids from Barracuda Networks, but it rejected both offers.

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The Company Description provides a historical perspective of Sourcefire's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Sourcefire's evolution in the marketplace.

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