Linewize Acquires K-12 Web Filter and Firewall Provider Cipafilter
SAN DIEGO, Calif., March 11, 2022 – Linewize, a division of Family Zone (ASX: FZO), a quickly rising training know-how firm, introduced right this moment the acquisition of Cipafilter, an internet filter and firewall devoted to educators nationwide. This marks the third acquisition in lower than a yr making Linewize one of many world’s largest K-12 digital security suppliers, serving greater than 10 million college students globally and providing a collection of capabilities together with compliance and filtering, classroom administration, real-time monitoring and intervention, on-line security training and extra. Linewize’s dad or mum firm, Family Zone, acquired Cipafilter by means of the 100% acquisition of shares in Cipafilter’s holding firm DerbyTech, Inc. Agreed consideration is $4.5 million in Family Zone shares on the 30-Day VWAP representing 13,116,316 Shares plus an estimated $3.0 million to be paid in money.
With a longtime status for high quality and loyalty, Cipafilter gives colleges with an internet filter and firewall know-how, along with priceless reporting and notification alerts. Having served the U.S. K-12 marketplace for over 20 years, the corporate helps greater than 400,000 college students. This acquisition completely aligns with Linewize’s development technique, additional solidifying the corporate as a worldwide EdTech chief. In addition to acquiring an elevated consumer base, Linewize will now have entry to extra sturdy engineering and gross sales groups.
“This acquisition is a testament to our continued growth. By merging our technology offerings and staff with that of Cipafilter, we are determined to further our mission to protect the digital journeys of students globally,” stated Ross Young, govt vice chairman of Linewize. “Looking ahead, we remain committed to meeting the evolving needs of school districts and keeping students safe in the digital world.”
This marks Linewize’s newest acquisition. Last yr, the corporate introduced the acquisitions of Smoothwall, a U.Okay-based training know-how firm, and NetRef, a classroom administration software program firm.
“We are honored to be welcomed into Linewize’s rapidly growing group,” stated Andrew Derbyshire, chief working officer of Cipafilter. “Having built an effective web filter and more, we’re proud to have successfully provided schools with the level of safety that’s needed today. As we look forward to calling Linewize home, we intend to continue making an impact in the ever-changing EdTech landscape.”
Linewize gives a collection of options for IT directors, lecturers and communities spanning filtering and reporting, monitoring and classroom administration, along with training and engagement.
About Linewize:
A division of ASX-traded firm FamilyZone, Linewize is a K-12 cyber security administration system and an rising chief within the fast-growing international cyber-safety and EdTech sector. Built by a worldwide crew of training specialists and former faculty IT directors, Linewize’s complete suite of instruments and sources is designed to maintain children secure on-line and deal with a variety of digital studying wants. Founded on the premise that selling digital wellbeing in college students goes past a easy content material filter, Linewize presents merchandise and sources that allow colleges to companion with households as a way to defend each baby’s digital journey, each within the classroom and at dwelling. For extra data, please go to www.linewize.com.
About Cipafilter:
Born out of the Midwest, Cipafilter is an internet filter and firewall devoted to educators across the nation. Cipafilter created the business’s first contextual filter to restrict false positives and false negatives, a plague for college students and lecturers alike. With Cipafilter’s highly effective filtering engine, educators are additionally given probably the most highly effective experiences to assist reply to and see the visitors on their networks. For over 20 years, Cipafilter has supplied the perfect Support mixed with distinctive know-how for colleges like yours.
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