Snare Networks Corporation
Silver Spring, MD
September 1999

Bengur Bryan advised Snare Networks Corporation in its sale to Computer Associates International.

Computer Associates International (NYSE: CAI) purchased the stock of Snare Networks Corporation in September 1999. Bengur Bryan & Company, Inc. advised Snare Networks on its financial and strategic alternatives and subsequently initiated and negotiated the transaction. In addition, Bengur Bryan provided equity capital to Snare Networks.

Snare Networks is a software developer that provides networks security products to large enterprises, service providers and government agencies. Its flagship product, SnareNet VPN provides end-to-end encryption from any client workstation or server to any other server. SnareNet VPN integrates with major authentication systems including public key infrastructure, tokens, and smartcards. SnareNet VPN is centrally administered and exercises leading network and systems management platforms including Computer Associates’ Unicenter TNG for defining and implementing security policy.

Computer Associates International, Inc., the world leader in mission-critical business computing, provides software, support and integration services in more than 100 countries around the world. CA has more than 17,500 employees and had revenue of $5.3 billion in fiscal year 1999.