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Ipswitch Acquires MessageWay In Merger Of Managed File Transfer Vendors

Although I was aware of this deal being concluded over a week ago I wasn’t able to let on.  As its now being widely reported online I can confirm that Ipswitch has acquired MessageWay as the managed file transfer marketplace consolidates again after other recent mergers/acquisitions.  Its going to be interesting to see how much more activity between MFT vendors there will be over the coming months.

Here are some further details as penned by Gary Shottes of Ipswitch File Transfer.

Acquisition will pave the way for more secure application-to-application communications, partners say.

Ipswitch Inc., a maker of secure, managed file transfer products and services, today will announce that it has acquired MessageWay Solutions Inc., a provider of managed file transfer and business integration solutions. Terms of the deal were not disclosed.

With the addition of MessageWay to its product family, Ipswitch will provide a wide range of secure file transfer services and capabilities, including of advanced analytics, enterprise-wide monitoring, and high-performance data translation and transformation for EDI, ERP, and a variety of other message formats, the companies said.

“When people in the industry talk about security, one of the things that they don’t often mention is that about 30 percent of the exchanges that go on between companies are exchanges of files between applications, not between people sitting at a desk typing at a computer,” says Greg Faubert, president of MessageWay. “This is an area that’s becoming more important all the time.”

“The file transfer market is changing, not only in the volume and size of messages, but in the way they are handled,” says Gary Shottes, president of Ipswitch. “The worlds of managed file transfer, EDI, and middleware, which have typically been handled by different vendors, are converging. We think we’ll be in a position to take market share away from all of those more focused players, by offering solutions that provide a more integrated approach.” The need for managed file transfer is increasing as organizations look for ways to meet industry and regulatory requirements such as SOX, PCI, FISMA, and HIPAA, the executives said. Many enterprises need a better way to show a “chain of custody” on file transfers, proving to auditors that data is safe as it travels between partners.

“What we offer is the ability to exchange files securely through the DMZ without the file ever landing on disk,” Flaubert says. “Companies can submit files or retrieve files through an open protocol, but without the file ever residing in the red zone.

“Once the data gets to its destination, it’s encrypted and housed in a secure database,” Flaubert explains. “The only way for an attacker to get into those files would be for them to have access to the physical disk, all of the encryption keys, and a copy of our software.”

Ipswitch expects its combined offerings to get traction in industries where secure file transfer is required, such as financial services, government, and healthcare.

Click here for further information on the range of products by Ipswitch File Transfer or call Pro2col Sales on 0333 123 1240

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Secure File Transfer Standards – Are you Compliant?

With the sheer abundance of security standards, laws and legislation in our society nowadays, it’s really easy to get overwhelmed.  Although a necessary measure to safeguard individual’s confidential information and protect your business against prosecution, it can be difficult to fathom which laws apply to your organisation when it comes to secure file transfer.

To complicate matters further, legislation varies between continents, in the US even between states!!  As a result, we have put together a succinct guide detailing some of the most high-profile legislation governing the US and UK in terms of secure file transfer, including some standards that are recognised internationally.  These include acts such as The Health Insurance Portability Act (HIPAA), Sarbanes Oxley (SOX), Gramm-Leach-Bliley and The Data Protection Act, as well as industry standards like FIPS and ISO 27001.

Data Protection Act

Unfortunately it doesn’t end there.  Once an organisation has established which legislation applies to their business, they then have to make sure that their systems and procedures are actually compliant!  Thankfully, accompanying the majority of legislation is compliance testing – a sure-fire way to guarantee investment in technology and solutions that meet the secure file transfer requirements stipulated by government.

If you would like to discuss security compliance in terms of secure file transfer solutions, don’t hesitate to get in touch – we are happy to provide advice and support.

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