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Sourcefire over the years [Timeline]

Mergers, Acquisitions and TakeoversTechnology IndustryCheck Point Software Technologies Limited

1998: Martin Roesch makes a program called Snort, which "sniffs out" network hackers and viruses, available for free online.

2001: Roesch founds Sourcefire in his Carroll County living room in order to produce a commercial version of Snort.

October 2005: Check Point Software Technologies Ltd., an Israeli company, announces plans to acquire Sourcefire for $225 million.

March 2006: Check Point abandons the acquisition after a federal panel begins investigating the deal. Federal officials opposed the acquisition, fearing it could result in the exposure of the government's network practices.

October 2006: Sourcefire applies to list its common stock on Nasdaq under the ticker symbol FIRE.

March 2007: Sourcefire's stock debuts and closes at $15.49, up 3.2 percent over the IPO price.

February 2008: CEO E. Wayne Jackson III announced his departure from the company after fourth-quarter profit dropped 59 percent.

June 2008: Barracuda Networks Inc. offers to buy Sourcefire for $206 million. Sourcefire rebuffs the bid.

July 2013: Cisco announces it is acquiring Sourcefire for $2.7 billion.

Source: Baltimore Sun archives

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Mergers, Acquisitions and TakeoversTechnology IndustryCheck Point Software Technologies Limited
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