Internet Security Systems

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Internet Security Systems NASDAQ: ISSX is a security software provider which was founded in 1994.

1 History
2 Products
3 Location
4 Corporate governance
5 External links
6 References

[edit] History

In 1992, while attending Georgia Institute of Technology, Chris Klaus developed the first version of Internet Scanner. In 1994, along with Tom Noonan, Chris Klaus founded ISS to further develop and market Internet Scanner. Although the larger shareholder, Chris Klaus took the role of Chief Technology Officer while Tom Noonan was appointed Chief Executive Officer. In 1996 Bob Davoli, from Sigma Partners, lead the first round of venture capital investment in ISS.

Further products in security software space followed, including Network Sensor and Server Sensor which were both developed in-house. In 1998, ISS acquired the UK company March Information Systems, and rebranded their Security Manager product as System Scanner. Subsequently ISS acquired Network ICE and integrated their BlackICE technology into the ISS product range.

In 2004 Chris Klaus stepped down from his role of Chief Technology Officer to pursue other interests, although he remained a significant shareholder and a role as the company's Chief Security Advisor. ^[1] His role as Chief Technology Officer was taken by Chris Rouland.

On August 23, 2006, IBM announced its intention to acquire Internet Security Systems for $1.3 billion.^[2] On October 16, 2006, the deal was approved by ISS shareholders.^[3]

[edit] Products

Current and former product families of ISS include:

BlackICE
Internet Scanner
Network Sensor
Proventia
RealSecure
Secure Log Manager
Server Sensor
Site Protector
System Scanner

[edit] Location

ISS is headquartered in Sandy Springs, near Atlanta (Georgia, USA). Until late 2003 the company had significant development activities in Mountain View (California, USA), Reading (UK) and Sydney (Australia), but all development has since been relocated to Atlanta. The company also maintains sales offices worldwide.

[edit] Corporate governance

Current members of the board of directors of ISS are: Richard Bodman, Robert Davoli, Steven Heyer, John Imlay, Thomas E. Noonan, Sam Nunn, Kevin O'Connor, David Strohm.