ZIX CORPORATION (NASDAQ:ZIXI) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure
On September13, 2017, Zix acquired Entrust Datacard’s Entelligence Messaging Server (EMS) technology and related business by way of an asset purchase (the “Acquisition”). The purchase price was $1.65 million and Zix will pay Entrust Datacard an additional $150,000 related to transition services.
On September14, 2017, the Company issued a press release announcing the Acquisition. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in the attached Exhibit 99.1 shall be deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.
Item 7.01 Financial Statements and Exhibits.
ZIX CORP ExhibitEX-99.1 2 d408214dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Press Release | For Distribution Zix Acquires Entelligence Messaging Server Business to Strengthen Its Industry-Leading Email Encryption Solutions The acquisition of Entelligence Messaging Server technology from Entrust Datacard expands Zixs email encryption capabilities and delivery methods DALLAS AND MINNEAPOLIS Sept. 14,…To view the full exhibit click
About ZIX CORPORATION (NASDAQ:ZIXI)
Zix Corporation (ZixCorp) offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The Company operates in the segment of e-mail encryption and security solutions. The Company’s Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service. The Company also offers ZixDirectory, which is an e-mail encryption community designed to share identities of its members; Best Method of Delivery, which is designed to deliver e-mail according to the sender’s encryption policy, and ZixGateway, which is an enterprise gateway that automatically decrypts the message. The Company also offers ZixDLP, which is an e-mail-specific data loss prevention (DLP) solution. The Company’s ZixOne is a mobile e-mail application that solves the information technology (IT) challenge created by the BYOD trend in the workplace.