McAfee to buy Foundstone

Posted by   Virus Bulletin on   Aug 16, 2004

McAfee splashes out on vulnerability management.

McAfee, Inc. has announced its impending acquisition of Foundstone, Inc., manufacturer of vulnerability management software, for $86 million in cash.

The AV vendor, which recently rebranded, and sold off its network and application performance management business, will add Foundstone's line of vulnerability management software to its catalogue of security products.

Foundstone's customer base boasts more than 400 large enterprise customers and many high profile government agencies, including its latest new customer, the US Department of Justice. McAfee will begin to sell the Foundstone line of products as soon as the acquisition is complete, with plans subsequently to combine Foundstone's vulnerability assessment and management technology with its own intrusion prevention technology.

Industry analyst IDC predicts that the vulnerability assessment and management (VA&M) and intrusion detection market will experience increasing growth over the next few years, reaching $1.6 billion by 2008.

The acquisition is expected to complete in the next 60 days.

Posted on 16 August 2004 by Virus Bulletin




Latest posts:

AfricaHackon 2019: a great event and a reminder that security is global

Last week, VB Editor Martijn Grooten travelled to the Kenyan capital Nairobi to speak at the 6th edition of the AfricaHackon event.

Virus Bulletin researcher discovers new Lord exploit kit

Still in-development kit thus far only targets Flash Player vulnerabilities

VB2019 call for last-minute papers opened

The call for last-minute papers for VB2019 is now open. Submit before 1 September to have your abstract considered for one of the nine slots reserved for 'hot' research.

Nominations opened for sixth Péter Szőr Award

Virus Bulletin is seeking nominations for the sixth annual Péter Szőr Award.

Haroon Meer and Adrian Sanabria to deliver VB2019 closing keynote

New additions to the VB2019 conference programme include a closing keynote address from Thinkst duo Haroon Meer and Adrian Sanabria and a talk on attacks against payment systems.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.