March 24, 1997 1:15 PM ET
PGP buys 'metadirectory' maker Zoomit
By Maria Seminerio

  Encryption software maker Pretty Good Privacy Inc. today announced its purchase of Zoomit Corp., a Canadian company that develops "metadirectory" technology for integrating private intranets with the Internet. Financial terms were not disclosed.

PGP will use Zoomit's technology to build a "comprehensive privacy and security platform" enabling businesses to deploy encryption technology across large-scale networks, said Tom Steding, president and CEO of PGP, in San Mateo, Calif.

The forthcoming platform will ensure that "information is protected at its source but available universally," Steding said.

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