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SafeNet merger moves it up market ranks – Computer Business Review

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$160 million transaction secures SafeNet’s market leadership position

BALTIMORE – March 25, 2009 – SafeNet, Inc., a global leader in information security, today announced that it will establish common management with Aladdin Knowledge Systems Ltd. as a result of Aladdin’s acquisition by Vector Capital, SafeNet’s private equity owner, creating a global leader for Software Rights Management (SRM) and Authentication solutions. Aladdin is expected to be fully integrated into SafeNet in the future.
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Aladdin shareholders to receive $11.50 per share in cash, reflecting a value of $160 million

TEL AVIV, ISRAEL AND SAN FRANSCISO, CA, March 24, 2009 – Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) today announced that it has completed its previously announced merger with an investor group led by Vector Capital, a leading private equity firm specializing in the technology industry. The merger was approved
by a majority of Aladdin’s shareholders at an Extraordinary General Meeting held on February 20, 2009. Under the terms of the merger, Aladdin shareholders will receive $11.50 per share in cash for each ordinary share they hold.

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