Business Overview:
The offering is a profitable software company that produces encryption products for databases and applications. The company has proven technology and substantial human talent which would integrate well into a larger software company. A customer list includes Fortune 1,000 companies in Financial/Credit Card/Banking, Health Care, Insurance, Retail and Federal and State Government. The founder and key employees would be available for continuing employment with an acquirer. The company founder has one awarded patent related to database encryption and another patent is pending.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Product has been cited for ease of use; and is both customizable and scalable. Product is OEM and Developer friendly and has these revenue streams in place. Company has achieved FIPS 140-2 Validation for Government / Military use and is well positioned to serve customers requiring protection of Electronic Medical Records and credit card data (PCI).
The company has not aggressively marketed its products in the past and has not employed any salespeople. Opportunities exist to develop a Vertical Market Integration model allowing scalable revenues using existing products packaged in products aimed at specific verticals. Founder has highlighted several additional opportunities that he lacks the resources to pursue individually.
Reason for Selling:
Wants to expand company
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.