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European Investment Bank Protects Critical Information, Provides Secure Access With Enterasys Secure Networks Solution
| Source: Enterasys Networks
ANDOVER, MA--(Marketwire - October 29, 2007) - Enterasys Networks® Inc., the Secure Networks
Company™, announced today that European Investment Bank (EIB), the
financing institution of the European Union, has deployed an Enterasys
Secure Network to provide reliable, high-performance connectivity for more
than 3,000 users and devices, while ensuring the highest levels of security
and control for the bank's sensitive information. The network spans four
buildings in Luxembourg, including the institution's headquarters, as well
as remote offices throughout Europe and Africa.
EIB's infrastructure includes Enterasys Matrix™ X-Series secure routers
in the core and data center, Matrix N-Series flow switches at the network
edge, Enterasys SecureStack™ switches in remote offices, and
RoamAbout® access points for wireless connectivity. Enterasys'
NetSight® Management Suite provides unified, policy-based visibility and
control of the wired and wireless infrastructure, while the Dragon®
advanced security applications for intrusion detection/prevention (IDS/IPS)
and Enterasys Network Access Control (NAC) ensure only the right users can
access the right information from the right place at the right time.
"Enterasys is proud to help European Investment Bank achieve its critical
business objectives: sustaining economic and social development; supporting
small and medium-sized enterprises; and promoting sustainable, competitive
and secure energy in its member countries," said Mike Fabiaschi, president
and CEO of Enterasys. "Network security, reliability and performance are
crucial to achieving the mission."
As the European Union's financing institution, EIB provides vital support
to member countries. Network security, reliability and performance are
crucial to achieving its mission. Employees and partners depend on EIB to
provide on-demand access to critical information and financial transactions
processing whenever and wherever required -- and it all must be secure.
EIB's Enterasys Secure Network ensures the confidentiality, integrity and
availability of network access for all of the bank's activities --
including its trading center and information warehouse.
Over the next several months EIB's Secure Networks infrastructure will play
a vital role in the integration of new Sun Data Center Reference
Implementation (DCRI) servers, on which most of the institution's
applications will be hosted. The ability of Enterasys' standards-based
solutions to integrate seamlessly with the new Sun data center cluster was
essential. The Matrix X core router enabled EIB to implement a second
backbone for testing and deployment of the Sun servers. This is one of the
bank's key technical objectives for 2007, and the level of interoperability
Enterasys provides has made the integration of multivendor solutions
completely transparent. Enterasys continues to provide on-site support to
EIB throughout this process.
As with all financial institutions, ensuring the highest levels of security
and control of access to information is a priority for European Investment
Bank. The bank must safeguard all the data it transmits or stores in its
infrastructure, including client information, transaction details,
identification and account numbers, so security is crucial. To protect its
information, EIB leverages the security capabilities embedded in Enterasys
hardware, while relying on the Dragon Security Suite to provide intrusion
detection and prevention and network access control.
Four years ago EIB looked at the growing challenges facing the financial
services industry and moved quickly to deploy Dragon IDS to identify and
stop threats before they impact the infrastructure. EIB continuously works
to improve its security posture, which led the bank to deploy Enterasys
Network Access Control. In the last year, the network has faced several
attacks, and in each case the threats were easily identified and
automatically isolated by the Enterasys infrastructure.
Enterasys' NetSight Management Suite provides EIB with superior visibility
and control, which is especially important because the bank manages its
network (more than 16 sites) with just one
full-time employee, one full-time contractor and a part-time contractor.
With NetSight, EIB gains a global view that enables the team to manage and
control the network easily so they have time to devote to strategic IT
initiatives.
In the future, European Investment Bank expects to enhance its security
posture by leveraging the features of 802.1x to move from device-based
authentication to user-based authentication. In addition, the institution
is evaluating Enterasys wireless switch controllers that combine the
benefits of centralized WLAN control and management with the performance
efficiencies of optimized traffic flow through intelligent local switching.
EIB's Enterasys Secure Network meets its goals for security, availability
and control, and was cost-effective to deploy and is efficient to operate.
EIB's initial Enterasys investment has been operating successfully for more
than six years, which is why EIB continues to make Enterasys its networking
partner.
About Enterasys Networks
Enterasys Networks -- the Secure Networks Company -- is owned by a private
investor group led by The Gores Group, LLC and Tennenbaum Capital Partners,
LLC. Enterasys' unique Secure Networks solutions secure any network to
ensure the confidentiality, integrity, availability and performance of IT
services and the business users that rely on them. Thousands of leading
companies, government agencies and educational institutions in more than 70
countries rely on Secure Networks solutions to maintain business continuity
and protect vital information. The company's culture is centered on the
principle "There is nothing more important than our customers." Delivering
on that commitment, Secure Networks provides granular, policy-based command
and control of individual user, application, device, port and flow
performance, and security. Enterasys' architectural approach to network
security offers a long technology lifecycle and significant operational and
business benefits, while reducing total cost of ownership. Information
about Enterasys' award-winning policy-enabled switches, routers, wireless
products, security software, and services is available at
www.enterasys.com.
About The Gores Group
Founded in 1987, The Gores Group is a private equity firm focused on
acquiring controlling interests in mature and growing businesses which can
benefit from the firm's operating experience and flexible capital base.
The firm combines the operational expertise and detailed due diligence
capabilities of a strategic buyer with the seasoned M&A team of a
traditional financial buyer. The Gores Group has become a leading
investor, primarily in the technology and telecommunications sectors,
having demonstrated over time a reliable track record of creating
substantial value in its portfolio companies alongside management.
Headquartered in Los Angeles, California, The Gores Group maintains offices
in Boulder, Colorado and London. For more information, please visit
www.gores.com.
About Tennenbaum Capital Partners, LLC
Tennenbaum Capital Partners is a Santa Monica, California-based private
investment firm managing over $3.8 billion in assets through private funds.
The firm's investment strategy is grounded in a long-term, value approach,
and it assists -- both financially and operationally -- transitional
middle-market companies in such industries as technology, healthcare,
energy, aerospace, business services, retail and general manufacturing.
Tennenbaum's core strengths include its in-depth knowledge of equity and
debt-financing vehicles in the public and private markets, as well as a
thorough understanding of special situations. For more information, please
visit www.tennenbaumcapital.com.