Press Release

ANXeBusiness Corp. Acquires VPN Division of Positive Networks, Inc.

Posted November 7, 2009, 9:22 pm by Barry Chapman

Press Release


ANXeBusiness Corp. Acquires VPN Division of Positive Networks, Inc.

SOUTHFIELD, Mich. (September 2, 2008) – ANXeBusiness Corp. has acquired the Virtual Private Network (VPN) division of Positive Networks, Inc. – including its flagship product, PositivePRO™ -- and will merge that business in a move designed to strengthen the ANX virtual private network (VPN) product line for customers in multiple vertical markets.

Positive Networks is a leading provider of managed VPN and end-point security products and services, which are designed to provide remote office capabilities for end-users and IT departments and enable employees to connect to their company's local area network (LAN) and intranet. ANX also strengthens its software and programming capabilities through the Positive Networks VPN development team, which also is part of the acquisition.

"Combining the VPN products and services from Positive Networks with the existing ANX Managed Network Services portfolio fits our strategy of growing our VPN capabilities and expanding our business into new vertical markets," said Rich Stanbaugh, president and CEO of ANXeBusiness. "ANX now can offer customers a range of products in the managed VPN services area, which is rapidly becoming a sector of the technology market that companies are looking for trusted expertise in."

Positive Networks has received numerous industry awards and accolades for its managed SSL VPN service for small and medium sized businesses. PositivePRO -- recognized by several leading technology publications as an industry-best product -- is a complete VPN service that provides customers with everything required for employees to connect to a corporate LAN or intranet from a remote location in a secure manner. Using SSL technology for encryption, private data sharing applications are available at an affordable price and are more secure than competitive products such as Internet VPN offerings. PositivePRO supports hundreds of security applications, including Symantec, McAfee, Avira and Microsoft, and seamlessly integrates with PhoneFactor for two-factor authentication.

Customers who are using PositivePRO range from Major League Baseball and Cerner Medical, to other enterprises in the healthcare, government and education industries.

"This transaction represents an excellent opportunity for both companies to accelerate growth of their key lines of business," said Tim Sutton, CEO and founder of Positive Networks. "Market adoption of Positive Networks' PhoneFactor™ authentication service has increased rapidly since its release just over a year ago. For Positive Networks, it will sharpen our focus on the PhoneFactor authentication service which is gaining significant traction in the marketplace."

The recently completed transaction combines the VPN clients, assets and trademarks of Positive Networks with those of ANX. This marks the third acquisition ANX has made within the last two years, including the purchases of Management Information Systems Group (MISG) in December 2006 and Virtual Services, Inc. in July 2007. Positive Networks will retain its PhoneFactor line of business and all associated clients, assets, and trademarks.

ANXeBusiness Inc. (, headquartered in Southfield, Mich., has offices in Research Triangle Park, N.C., Philadelphia, PA, Cleveland, OH, San Diego, CA and Toronto. It provides a range of Managed Network Service, Transaction Delivery Service, and Product Lifecycle Management (PLM) products and services for customers in the automotive original equipment and aftermarket industries, as well as the financial and aerospace industries and other manufacturing sectors.

Positive Networks, Inc. (, headquartered in Overland Park, Kansas, is a leading provider of security products and services, including the award-winning PhoneFactor two-factor authentication services. Its products and services are trusted by leading companies in the government, healthcare, and banking/financial services industries to secure access to their critical systems and data.

Filed under: Partnerships
Listed in Communities:
Tagged as: Acquisitions

You must be logged in to post comments.