Monday, September 22, 2008

McAfee Makes A $465 Million Offer Of Secure Computing

Security company McAfee announced on Monday (22-09-08) that it has placed a deal to acquire security company Secure Computing. Deal is worth around US$465 million.

With Secure Computing, McAfee expects to be able to deliver the complete content and data lifecycle management at the network, spanning detection, filtering, encryption, blocking, archiving, reporting and compliance. Also, McAfee hopes to expand its security as a service offering and to sell more products and services to Secure Computing's 22,000 customers worldwide.

The deal is expected to close toward the end of the fourth quarter, McAfee said.

McAfee's press release

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