Fraud Services Provider PerimeterInternetworking Grows By Acquisition

Published February 24, 2006, 1:00 a.m. EST

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Updated August 27, 2020, 2:17 a.m. EDT

1 Min Read

MILLFORD, Ct. - (02/24/06) Perimeter Networking, aprovider of online security services for credit unions and banks,announced Thursday it has acquired Breakwater SecuritiesAssociates, the Seattle-based provider on security systems, for $2million. The deal comes less than a month after PerimeterNetworking acquired Red Cliff Solutions, a West Jordan, Utah,provider of online security for credit unions, and is thecompanys seventh acquisition in the last two years. Foundedin 1996, Breakwater provides risk management solutions, includingmanaged security, consulting, compliance and regulatory guidance.The company has more than 500 clients and multiple nationaloffices..

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