McAfee buys data loss firm Reconnex


$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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