Looking to expand its security appliance offerings, IronPort Systems plans to acquire PostX, a vendor of e-mail encryption software.The all-stock transaction is expected to close within the next “five or six weeks,” said Liz Landis, an IronPort spokeswoman. Specific terms of the deal were not disclosed, but PostX shareholders will receive about 7 percent of the combined company’s stock as a result of the deal, Landis said.PostX’s software can be used to deliver encrypted e-mail to a user’s mail box without the use of any special client software to decrypt the message.When the acquisition is completed, PostX’s 60 employees are expected to be relocated to IronPort’s San Bruno headquarters, Landis said. No layoffs are expected as a result of the acquisition. IronPort will sell PostX’s e-mail encryption software under the PostX Secure Envelope brand. Founded in 1999 and based in Cupertino, California, PostX counts the U.S. Postal Service, Visa USA, and Charles Schwab & Co. amongst its customers. -Robert McMillan, IDG News Service (San Francisco Bureau)Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe