A Texas company has offered to buy a former Vicksburg security and management software company whose potential intellectual worth is valued at nearly $300 million.

Terms of the offer announced Wednesday would send 9,674,403 shares of Seventh Knight Inc., founded in 2000 by Vicksburg native Luke Koestler, to Fusion-Q, a Dallas-based subsidiary of ALL-Q-TELL Corp., a global intelligence and security systems provider.

Each Fusion-Q preferred share would be convertible into one share of restricted and unregistered ALL-Q-TELL common stock at $4.86 per share, according to a release from the Dallas company.

The pending deal would pool resources between the two companies with similar clientele in U.S. intelligence and law enforcement, a Fusion-Q official said in the release.

“We believe this acquisition will expand the opportunities for both our customers and shareholders as the combination of Fusion-Q and Seventh Knight will allow us to extend the range and depth of information technology security solutions we can offer as well as open new markets to pursue,” David Virgil Dafinoiu, Fusion-Q’s chief executive officer, said in a statement.

Koestler, who has moved to Jackson, and his father, Danny Koestler, did not return calls.

In 2010, Seventh Knight’s patents and proprietary technology were evaluated by CONSOR, an independent intellectual asset management evaluator, which placed a future value of $297,000,000 for Seventh Knight’s patents and technology.

The company grew from a small startup in Vicksburg that looked to improve ways to protect computers and systems from viruses.

In two years, the firm sought the federal government and intelligence community as a customer. Its process authentication program was evaluated favorably by Army labs, Koestler said in a 2002 interview.