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SafeNet (R) Incorporated provides clients with hardware and software encryption technologies, including remote access client software and USB authentication tokens. The firm also develops intrusion detection, anti-virus, and firewall systems. Its SSL acceleration devices optimize online transactions. The company offers organizations software security and anti-piracy applications. SafeNet serves clients across the banking, semiconductor, film processing, computer software and hardware, aerospace, and government sectors. The firm supports 5,000 customers across 100 countries. It employs 800 people worldwide. The company acquired Securealink BV in 2002 and Cylink Corporation in 2003. In 2004, it merged with Rainbow Technologies. SafeNet partners include Certicom, Verisign, RSA Security, Texas Instruments, PalmSource, Cisco Systems, Lockeed Martin, Mitsubishi Corporation, CheckFree, and Samsung. SafeNet is traded on NASDAQ under the SFNT symbol. The company had 2004 fiscal year revenues of $201.6 million. The firm was founded as Information Resource Engineering (IRE) in 1983. It acquired its current name in 2000. SafeNet holds multiple patents on its security technologies.
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