McAfee buys data loss firm Reconnex

Posted by   Virus Bulletin on   Aug 1, 2008

$46 million acquisition announced as strong profit report released.

McAfee has announced its official agreement to purchase privately owned data loss prevention firm Reconnex, in a deal worth $46 million. The move should strengthen McAfee's position in the field, where the firm already has several solutions available.

Reconnex specialises in appliance-based DLP solutions, boasting unique self-learning technology. The firm was rated a 'top leader' in recent market studies by analyst Forrester, and posted record profits for the first half of 2008. A press release with details of the purchase agreement is at McAfee here.

McAfee has also issued details of its recent financial performance, with profits for the last quarter coming in ahead of estimates. Full detail are at Bloomberg here.

Posted on 01 August 2008 by Virus Bulletin

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