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Network access control start-up Lockdown Networks has shut down operations, becoming another in what has become a string of vendors floundering in the network access arena.
The company blamed its failure on economic trends and slower than predicted adoption of NAC. As a result of these problems, the company was unable to raise the venture capital it needed to continue. It had raised more than $14 million last fall from Ignition Partners, Intel Capital, Integral Capital Partners and Cargill.
On its Web site the company said: "Lockdown Networks today announced that it is ceasing operations effective March 18, 2008. Due to overall economic trends and slower than predicted adoption of Network Access Control (NAC) technology, the company was unable to raise additional sufficient venture capital to continue. Lockdown is contacting customers and partners directly to provide more information. Certain employees have been retained to oversee the shutdown of the company and entertain offers to Lockdown's intellectual property."
Another NAC vendor, Bradford Networks, says it will buy back Lockdown gear in exchange for purchase of Bradford gear. Details of the offer were unavailable immediately. (Compare NAC products.)
Other vendors have had trouble making headway with NAC. Caymas Systems shut down last year, selling its NAC assets to Citrix.
The NAC company Vernier Networks has changed its name to Autonomic Networks, refinanced and is cooking up new technology that it says will complement its current Edgewall NAC appliances.
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Comments (17)
Another NAC vendor bites the dust: Cisco to blame?By Cisco Subnet on March 20, 2008, 7:00 pmAnother NAC supplier closes its doors but is Cisco really to blame? On Wednesday, NAC start-up Lockdown Networks became yet another victim of the slower than predicted...
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re: Another NAC vendor bites the dustBy Anonymous on March 21, 2008, 8:29 amI think Eric Ogren has it all wrong - there is definitely room for smaller vendors in NAC. Just because a couple have gone belly-up doesn't spell doom and gloom...
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The whole NAC category is niche and pointlessBy Greg Ferro on March 21, 2008, 8:47 amIMHO, NAC is a niche solution for specific vertical markets such as military / police. This space is not even big enough for Cisco, it would not be the first time...
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Other NAC Vendors will offer a buy backBy Anonymous on March 21, 2008, 9:07 amIt would be silly for any other NAC vendor not to take up a buy back from Lockdown's fall. It's all for show and everyone knows that they are not going to give Lockdown...
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re: Other NAC Vendors will offer a buy backBy John McGraw on March 21, 2008, 1:20 pmThe previous post sounds like a bitter ex-Lockdown employee or other Bradford competitor feeling the need to take (anonymous) cheap shots. I'm very familiar with...
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re: The whole NAC category is niche and pointlessBy Anonymous on March 21, 2008, 5:43 pmGreg, It's clear you know little about NAC. It's not "all about fixing failures in Windows" - far from it. NETWORK ACCESS CONTROL is all about controlling who and...
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