Eqvitec Technology Fund II, together with other owners of AppGate, has signed a definitive agreement to sell AppGate Network Security AB, a pioneer in network access control and security, to Cryptzone AB, a listed company on First North, focusing on content encryption and security.

Founded in 2002, AppGate delivers secure mobile access solution with desk-top equivalent functionality. The company’s unified, device-independent approach to network security dramatically simplifies system administration and reduces costs. The hardened solution has been developed over 10 years and is in its 9th generation. AppGate has built-up a solid and impressive global customer base. It has together with tier-1 partners installed some of the largest access solutions in the world.

For further information, contact: Jarkko Penttilä, Partner, Eqvitec Partners, +358 50 5166 420

The companies’ press releases:
http://www.cryptzone.com/pressrel/141.asp
http://www.marketwire.com/press-release/Cryptzone-1092340.html