BT has bought Counterpane Internet Security, turning its high-profile founder and CTO Bruce Schneier into one of its employees.The U.S. managed security outfit will continue to manage its 550 customers under the same president and CEO, Paul Stich, with Schneier himself staying on as figurehead for some\u00a0time at least.The size of the deal has not been announced, but sources have put it at anything from US$20 million to $40 million. Counterpane will become part of BT\u2019s Global Services Division, but will retain a separate identity.The deal appears to have been at the discussion stage for some time. "This is something I\u2019ve been working on for about a year, and I\u2019m thrilled that it has finally come to pass," Schneier says in his blog. Schneier has been a fairly regular visitor to the United Kingdom\u00a0in recent times on speaking assignments."Security threats get more sophisticated and a larger number of companies are outsourcing the management of their security infrastructure to specialized security service providers. Counterpane is a leader in this space," said BT\u2019s official announcement by way of explanation for the thinking behind the deal.Schneier\u2019s high profile will come as an extra bonus for as long as he takes the company shilling. In combining the security specialist with a large multinational, the challenge, as ever, will be to retain the edge that turned Counterpane into something bankable in the first place.-John E. Dunn, Techworld.com (London)Related Link:Bruce Schneier: We Are Losing IT Security War (CIO)Keep checking in at our CSO Security Feed page for updated news coverage.