McAfee Makes Enterprise Bid With $465M Secure Computing Buy


Virus protection giant McAfee is expanding its security empire with the acquisition of Secure Computing. The company announced plans for the purchase Monday morning. It’ll pay $465 million, or $5.75 per share, in the merger. The move will no doubt help expand McAfee’s suite of security-related products as it works to compete with the market’s top provider, Symantec. Secure Computing’s stock jumped close to 25 percent following the news.

Read the original post:
McAfee Makes Enterprise Bid With $465M Secure Computing Buy

Share/Save/Bookmark

Tags: , , , , , ,

Leave a Reply

You must be logged in to post a comment.