Blue Coat Systems achieves no.1 market share in new security appliance market.

0 Comments | M2 Presswire, July, 2003

M2 PRESSWIRE-9 July 2003-Blue Coat Systems, Inc: Blue Coat Systems achieves no.1 market share in new security appliance market(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:07092003 Blue Coat Systems, Inc. (Nasdaq: BCSI) today announced that IDC named Blue Coat the leading provider of Secure Content Management (SCM) Appliances worldwide.

In IDC`s recently published report, IDC recognises Blue Coat as the overall leader in Secure Content Management Appliances with 33 percent market share, more than triple that of its nearest competitor. According to the IDC report titled "Worldwide Secure Content Management Forecast Update and Competitive Vendor Shares, 2002-2007," the Secure Content Management Appliance market reached $108.5 million in 2002, representing a 101...