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

 Tags

twitter.png
fb.png
linkedin.png
hackernews.png
reddit.png

 

Latest posts:

First 11 partners of VB2019 announced

We are excited to announce the first 11 companies to partner with VB2019, whose support will help ensure a great event.

VB2018 paper: Fake News, Inc.

A former reporter by profession, Andrew Brandt's curiosity was piqued when he came across what appeared at first glance to be the website of a small-town newspaper based in Illinois, but under scrutiny, things didn’t add up. At VB2018 he presented a…

Paper: Alternative communication channel over NTP

In a new paper published today, independent researcher Nikolaos Tsapakis writes about the possibilities of malware using NTP as a covert communication channel and how to stop this.

VB2019 conference programme announced

VB is excited to reveal the details of an interesting and diverse programme for VB2019, the 29th Virus Bulletin International Conference, which takes place 2-4 October in London, UK.

VB2018 paper: Under the hood - the automotive challenge

Car hacking has become a hot subject in recent years, and at VB2018 in Montreal, Argus Cyber Security's Inbar Raz presented a paper that provides an introduction to the subject, looking at the complex problem, examples of car hacks, and the…

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.