This is great news. NAI's PGP Suite of Products have been sold to a new company PGP Corporation. This is great news as NAI had decided to discontinue the product.

What this also means is that we will be seing a new PGP Version 8.0 released in November with full support for both Windows XP and Mac OS/X. This was one of the most sorely missed additions of current versions of PGP.

So who are PGP Corporation? According to their Press Releases its a brand new Corporation with $14M from Doll Capital Management and Venrock Associates.

The new board sees among other people Phill Zimmerman (The original author of PGP) and Bruce Schneier (Author of "Applied Cryptography" and founder of CounterPane Security.

Thats not bad news to start this week on is it?

NAI handling of PGP was much disliked by people in the industry. Hopefully they will find a way to actually market PGP properly this time.