Intrusion Inc.
| Company type | Public |
|---|---|
| INTZ | |
| Industry | Computer and network security |
| Founded | 1983 |
| Founders | T. Joe Head, G. Ward Paxton |
| Headquarters | Plano, Texas |
Key people | Tony Scott (CEO) |
| Website | https://www.intrusion.com/ |
Intrusion Inc. (ticker: INTZ) is a cybersecurity company based in Plano, Texas. It provides cybersecurity solutions, including network intrusion detection and prevention systems.
History
[edit]Intrusion Inc. was founded in 1983 as Optical Data Systems by G. Ward Paxton Jr. and Joe Head.[1]
The 1990s
[edit]In the early 1990s, Optical Data Systems was formed to provide network security products. In 1992, Optical Data Systems (ticker: ODSI) held its initial public offering, raising $17.1 million with a valuation of $99 million.[2]
In the mid-1990s, Intrusion had two business units: the Essential Communications division and the company's LAN division.[3] Products included:
- ODS Infiniti series switches, which supported Ethernet, ATM25, Token Ring and FDDI switching modules[4][5]
- ODS GSN 6400 switches capable of transferring 6400 megabits per second per port for an aggregate switch bandwidth of 512 gigabits per second[6]
In 1998, ODS Networks acquired Essential Communications Corporation, a producer of switches and Ethernet products.[7]
In 1999, ODS Networks formed Intrusion.com Inc., a wholly owned subsidiary with a focus on the information security business.[8]
The 2000s
[edit]On June 1, 2000, the name changed from ODS Networks Inc. to Intrusion.com, Inc., and its ticker symbol from ODSI to INTZ.[9]
On November 1, 2001, the company changed its name again from Intrusion.com, Inc. to Intrusion Inc.
Intrusion announced a $800,000 contract with Fort Hood to deploy Infinity flow-enabled switching products to provide insider threat protection.[10]
The 2020s
[edit]In 2020, Jack Blount was appointed CEO and changed the focus toward developing a new network detection and response product named Intrusion Shield.[11]
The company relocated its headquarters from Richardson, Texas to Plano, Texas. Blount resigned as CEO in 2021 amid SEC allegations of false and misleading claims.[12][13]
In 2021, Tony Scott, a former Chief Information Officer of the United States, was appointed President and CEO of the company.[14]
References
[edit]- ^ "Intrusion Inc. Company & People | INTZ". Barron's. Retrieved 2025-05-03.
- ^ "Optical Data Systems Stock Price, Funding, Valuation, Revenue & Financial Statements". www.cbinsights.com. Retrieved 2025-05-03.
- ^ Writer, CBR Staff (1998-02-03). "ODS NETWORKS UNVEILS NETWORK POLICING SWITCH". Tech Monitor. Retrieved 2025-05-03.
- ^ "ODS Networks Moves Focus From LANs to Security". www.premisesnetworks.com. Retrieved 2025-05-03.
- ^ Writer, CBR Staff (1993-05-23). "OPTICAL DATA MIXES FDDI, ETHERNET AND TOKEN RING". Tech Monitor. Retrieved 2025-05-03.
- ^ Shandor, John (1996-11-06). "ODS Ntwks Wins Contract for World's Fastest Ntwking Switch". HPCwire. Retrieved 2025-05-03.
- ^ "ODS Networks to Acquire Essential Communications". PR Newswire: 430DATH057. 1998-04-30.
- ^ "ODS Networks Moves Focus From LANs to Security". www.premisesnetworks.com. Retrieved 2025-05-03.
- ^ "INTRUSION INC (Form: 10-K405, Received: 03/20/2002 12:14:05)". content.edgar-online.com. Retrieved 2025-05-05.
- ^ Writer, CBR Staff (2005-01-03). "Fort Hood selects Intrusion to secure world's largest US army post". Tech Monitor. Retrieved 2025-05-05.
- ^ "Intrusion Inc. Appoints Jack Blount as President and Chief Executive Officer". www.darkreading.com. Retrieved 2025-05-05.
- ^ "SEC.gov | Jack B. Blount". www.sec.gov. Retrieved 2025-05-05.
- ^ "Plano tech firm CEO leaves, has 'no affiliation' with company". www.bizjournals.com. Retrieved 2025-02-06.
- ^ Johnson, Derek B. (2021-11-11). "Former Federal CIO Tony Scott named CEO of cyber firm Intrusion, amid tumultuous times". SC Media. Retrieved 2025-05-05.