Monday it was buying Finnish-based
firewall specialist Stonesoft Oyj in a
deal worth $389 million.
The deal gives McAfee, a unit of
chipmaker Intel, an expanded portfolio
of next-generation firewalls and other
products for network security, a joint
statement said.
"With the pending addition of
Stonesoft's products and services,
McAfee is making a significant
investment in next-generation firewall
technology," said McAfee president
Michael DeCesare.
"Stonesoft is a leading innovator in
this important market segment. We
plan to integrate Stonesoft's offerings
with other McAfee products to realize
the power of McAfee's Security
Connected strategy."
Based in Helsinki, Finland, Stonesoft
has some 6,500 customers across the
globe.
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