We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

McAfee to buy Secure Computing for $465m

Acquisition boosts McAfee's corporate range

McAfee has agreed to buy network security specialist Secure Computing in a deal worth around $465m.

Secure Computing's products include Webwasher, a tool for filtering corporate web traffic; Ironmail encrypted mail servers; Sidewinder firewall appliances and SnapGear VPN (virtual private network) devices.

With the acquisition, McAfee hopes to expand its security-as-a-service offer, and to sell more products and services to Secure Computing's 22,000 customers worldwide. With its existing network security services, the company expects total network security sales of around $500m a year. In 2007, McAfee's revenue from all product lines totalled $1.3bn.

McAfee intends to make Secure Computing part of its network security business unit. The companies expect to close the deal around the end of the fourth quarter, subject to approval from stockholders and regulators.


IDG UK Sites

Sony Xperia Z3 Compact review: A better deal than the Z3 and most smartphones

IDG UK Sites

Why people aren't upgrading to iOS 8: new features are for power users, not the average Joe

IDG UK Sites

Free rocket & space sounds: NASA launches archive of interstellar audio on SoundCloud

IDG UK Sites

iPad Air 2 review: Insanely fast and alarmingly thin. Speed tests, camera tests, beautiful...