Monicom, I am not sure what the market share is currently. However I do know that sometime ago, Senetas was leading the pack which I guess included the likes of IBM and Cisco, just to name a few. The first mover advantage has all but gone for Senetas since the security landscape has changed dramatically over the last few years. I think that is why JDB and Co are really trying to discover another "mouse trap" to generate the revenues. The reality is that the bigger players who have established customer bases are providing a multitude of security network solutions comprising hybrid and core components of what Senetas currently offers. However, the speed of SEN encryption technology still provides it with a ever shrinking competitive edge. Hence, the spin into new delivery areas such as quantum technology all pursuant to their current R&D program. SEN is still there but clearly they need to generate sales traction and build strategic alliance positions in order to exploit and leverage their technology and this I would think, needs to be done relatively fast. If they succeed, Senetas will fly but if they fail, who knows? Hope this helps Monicom. ciao
SEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
