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Transaction Security

FTPartnersResearch-TransactionSecurity

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<strong>Transaction</strong> <strong>Security</strong>Table of ContentsI. Executive Summary ….…………………………………...…………………………….. 3II. Selected Industry Trends .……………………………………………………………… 6III. Overview of <strong>Transaction</strong> <strong>Security</strong> Technology Solutions ………………………. 18IV. CEO Interviews ….………………………………………………………………………. 31V. Competitive Landscape ……………………………………………………………….. 51VI. Selected Company Profiles …………………………………………………………… 55VII. Financing and M&A <strong>Transaction</strong>s …………………………………………............... 94VIII. Selected <strong>Transaction</strong> Profiles ……………………………………………………….. 104A. Singtel Acquires Trustwave for $810 mmB. Early Warning Acquires AuthentifyIX. Overview of FT Partners ……………………………………………………………… 114

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