SafeNet

SafeNet, Inc.

Type	Private
Industry	Information security
Founded	Timonium, Maryland 1983 (1983)
Headquarters	Belcamp, Maryland, United States
Products	Encryption, Semiconductor IP, Software Monetization, Software as a Service, Hardware Security Modules, Authentication, Security tokens
Number of employees	1,600 (2011)
Parent	Gemalto
Divisions	Data Protection, Software Monetization
Website	https://safenet.gemalto.com/

SafeNet, Inc. was an information security company based in Belcamp, Maryland, United States. The company is now the fifth largest vendor in the security market and third largest provider of information security solutions in the world with revenues ~$500M.

On 8 August 2014, Gemalto announced that it had signed a definitive agreement to acquire 100% of the share capital of SafeNet from Vector Capital for US$890 million on a debt free/cash free basis. It was notably one of the largest suppliers of encryption technology to the United States Government.

Now part of Gemalto and marketed under the SafeNet product brand, offerings include enterprise authentication, data encryption, and key management. SafeNet's software monetization products are now offered under Gemalto's Sentinel brand.

The former Rainbow Technologies subsidiary SafeNet Government Solutions, LLC formerly SafeNet Mykotronx is still based in Torrance, California with offices in Irvine, California and Columbia, Maryland. The company was founded in 1979 as Myko Enterprises. It changed its name to Mykotronx, Inc in 1987 and merged with SafeNet as part of the SafeNet merger with Rainbow in 2004. SafeNet Government Solutions, LLC has been operationally merged into SafeNet and the lines between the two organizations have been intentionally blurred due to financial reasons. SafeNet Government Solutions is no longer considered a subsidiary. SafeNet Government Solutions, LLC provides INFOSEC and COMSEC technology for the US government. The firm has an indefinite-delivery, indefinite-quantity contract for its KIV-7 line of commercial off-the-shelf cryptographic devices that provide protection for digital and voice communications through TOP SECRET, used by agencies such as the NSA and the NRO. Other products include the KOV-14 Fortezza Plus PC card which was developed as part of the NSA's NSSI program and is used on Secure Terminal Equipment. They previously developed the clipper chip.