Monday, September 22, 2008

McAfee To Acquire Secure Computing

McAfee Inc. has agreed to purchase Secure Computing Corp. for about $465 million.

The addition of Secure Computing's products and services will give McAfee a complete network security portfolio covering intrusion prevention, firewall, Web security, e-mail security and data protection, and network access control, company officials said.

Secure Computing, of San Jose, Calif., provides technology solutions that help customers protect their critical Web, e-mail and network assets.

With the acquisition of Secure Computing, which has more than 22,000 customers in 106 countries, McAfee expects to become one of the largest network security players.

After the closing, which is expected in the latter part of the fourth quarter of 2008, Secure Computing's technologies will be incorporated under McAfee's Network Security product business unit.

In August, Santa Clara, Calif.-based McAfee acquired Reconnex Inc., a privately held company in Mountain View, Calif., that specializes in data loss-prevention technology to enterprises, government agencies and educational institutions.

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