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Caymas Systems has gone belly up, eliminating one competitor from the still emerging NAC market.
The company has sent out e-mails to customers telling them that the company formed to liquidate Caymas assets has decided to discontinue its products, according to notification sent to a Caymas customer.
The e-mail reads in part: “…the buyer will not be continuing with the Caymas Product or with supporting the Caymas Product. Therefore, there will no longer be any support made available to you effective immediately.”
The company laid off employees in March after what company officials described as a disagreement with its backers over another round of funding.
At the time a spokesman said the finances had been worked out and that the company had a financial roadmap. It’s unclear whether that included liquidation.
The company’s phones didn’t work Friday afternoon.
Caymas started out its business with a network-access offering, then switched to SSL VPNs based on the same platform when that technology became popular. More recently it switched back to NAC after other companies had already caught that wave.
Caymas was ranked as "visionary" last year by Gartner, a category that means the market research firm thinks the company is strong on vision but weak on execution.
Caymas is different from other NAC vendors in that it intends its products to be used in front of data centers to protect servers. Other vendors stress more that they check the security posture of devices before they are allowed on networks at all.
IBM spent all that money on a mass rollout of PGP Whole Disk Encryption, just when its discovered that...- Anonymous
Comments (4)
Actually I'd say thatBy Anonymous on June 9, 2007, 12:44 pmActually I'd say that Gartner was dead on. "Visionary" means "strong on vision and weak on execution" to Gartner. It's that weak on execution portion that has doomed...
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"Thanks for uploading this,By Anonymous on June 9, 2007, 12:05 am"Thanks for uploading this, it gave me something to read on my lunch break." http://www.greatdownload.org
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Its unfortunate to seeBy Anonymous on June 8, 2007, 8:45 pmIts unfortunate to see another company with promising ideas fail.
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Re: NAC security vendor Caymas is out of businessBy Anonymous on June 8, 2007, 8:33 pmso much for Gartner's call. Re: NAC security vendor Caymas is out of business.
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