Cryptek

Last updated
Cryptek, Inc.
Company typePrivately owned
Industry Information Security
Founded1986
FateAcquired by API Nanotronics Corp.
Headquarters Dulles, VA, United States
Website www.cryptek.com

Cryptek, Inc., was a company that developed and sold information security products and services to governments and corporations. Cryptek was headquartered in Dulles, Virginia, United States. The company was acquired by API Nanotronics Corp. in 2009.

Contents

History

Cryptek was founded in 1986 [1] as Cryptek Secure Communications, Inc. At that time, the company designed and manufactured field-deployable, secure FAX machines for the military of the United States. In 1988, Cryptek was acquired by General Kinetics, a manufacturer of secure enclosures and other products. In 1993, General Kinetics also acquired Verdix, a manufacturer of secure computer networking equipment for the government of the United States.

In 1996, private equity firm Angelo, Gordon & Co. acquired the FAX and secure networking businesses of General Kinetics. The company continued to operate as Cryptek Secure Communications, LLC. [2] The company simplified its name to Cryptek, Inc. in 2002.

In 2005, Cryptek went through a corporate restructuring in which Bill Anderson became the President and CEO. In 2007, Cryptek acquired three companies: Secure Systems Group of Sterling, Virginia, United States, Emcon Emanation Control Ltd. of Ottawa, Ontario, Canada, [3] and Secure Systems & Technologies Ltd (SST) of Gloucester, United Kingdom. In that same year, Cryptek also acquired the assets of ION Networks of South Plainfield, New Jersey, United States.

Bankruptcy

In November 2008, the company filed for Chapter 11 bankruptcy protection. [1] [4] In March 2009, Cryptek petitioned to move to Chapter 7 bankruptcy. [4]

Through a senior management purchase of assets, a new company Cryptek Technologies, Inc. began operation on March 11, 2009. [5]

In July 2009, Cryptek was acquired by defense and aerospace company, API Nanotronics Corp. [6] [7]

Products

See also

References

  1. 1 2 Darcy, Darlene (9 January 2009). "Cryptek in Chapter 11". www.bizjournals.com. Retrieved 2018-11-01.
  2. "Cryptek secures $3.5M federal contract," Washington Business Journal, September 11, 2007.
  3. "Cryptek expands reach into Canada with new deal," Washington Business Journal, March 9, 2007.
  4. 1 2 "In re Cryptek, Inc". casetext.com. 21 December 2010. Retrieved 17 March 2025.[ dead link ]
  5. admin. "IFRS 3 — Business Combinations". www.iasplus.com. Retrieved 2024-09-02.
  6. "API Nanotronics acquires Cryptek Technologies - Electronic Products & TechnologyElectronic Products & Technology". www.ept.ca. 2009-07-13. Retrieved 2025-02-19.
  7. "Nanotechnology Now - Press Release: API Nanotronics Acquires Cryptek Technologies". www.nanotech-now.com. Retrieved 2025-02-19.
  8. "Cryptek offers security for multi-function devices," Government Computer News, August 21, 2008. Archived September 21, 2008, at the Wayback Machine