McAfee buys Finland firewall firm Stonesoft

May 06, 2013
The McAfee logo outside the company's headquarters in Santa Clara, California. US Internet security firm McAfee said Monday it was buying Finnish-based firewall specialist Stonesoft Oyj in a deal worth $389 million.

US Internet security firm McAfee said Monday it was buying Finnish-based firewall specialist Stonesoft Oyj in a deal worth $389 million.

The deal gives McAfee, a unit of chipmaker ., an expanded portfolio of next-generation firewalls and other products for network security, a joint statement said.

"With the pending addition of Stonesoft's products and services, McAfee is making a significant investment in next-generation firewall technology," said McAfee president Michael DeCesare.

"Stonesoft is a leading in this important market segment. We plan to integrate Stonesoft's offerings with other McAfee products to realize the power of McAfee's Security Connected strategy."

Based in Helsinki, Finland, Stonesoft has some 6,500 customers across the globe.

Explore further: Huawei reports 2014 profit up 33 percent

Related Stories

Intel completes McAfee acquisition

Feb 28, 2011

US computer chip giant Intel said Monday that it has completed its $7.68 billion acquisition of computer security firm McAfee.

Intel says FTC approves McAfee acquisition

Dec 21, 2010

Intel said Tuesday that US anti-trust regulators have cleared its 7.68-billion-dollar acquisition of computer security firm McAfee but the deal is still being examined in Europe.

Intel-McAfee preview new rootkit weapon

Sep 16, 2011

(PhysOrg.com) -- Letting everyone know that today's computing is no longer about running good anti-virus software, McAfee this week presented a new technology approach in computer protection called DeepSAFE, ...

Facebook teams with McAfee to tighten security

Jan 13, 2010

Facebook has announced an alliance with Internet security specialty firm McAfee to get user of the world's leading online social network to better protect their computers.

Recommended for you

FTC's Google investigation probed by Senate antitrust chief

12 hours ago

The chairman of a U.S. Senate antitrust panel will look into the release of a confidential Federal Trade Commission report on an investigation of Google Inc.'s search business, which was closed in 2013 without an enforcement ...

Traffic court goes digital: Startup fosters settlements

12 hours ago

Traffic court is going digital. Michigan startup Court Innovations has developed a software solution that allows drivers to settle traffic violations by negotiating in a virtual environment instead of showing up to court ...

Amazon puts home staples on refill button

13 hours ago

Amazon moved Tuesday to become an errand service for home staples, introducing a "dash button" to allow consumers to instantly order popular products for home and kitchen.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.