Sourcefire, Inc. (FIRE) has received high markings for its next-generation firewall product, and with the company’s strong track record and solid technological foundation, FIRE should benefit over the next several years, says Jonathan Ho, Analyst at William Blair & Company, L.L.C.
“We also like Sourcefire (FIRE). We think that company has a very strong track record in terms of developing solid technology. They recently were given very high markings in third-party studies, such as NSS Labs, for their next-generation firewall product,” Ho said.
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Currently, the market has not fully accepted FIRE‘s product for next-generation firewall, however Ho sees potential benefits over the next several years because of the strong foundation of FIRE‘s technology.
“But this space, the foundation of their technology, seems to be very strong, and from our perspective they can either try to develop that application in-house or they can potentially make an attractive acquisition candidate to someone that has a broader reach today,” Ho said.
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