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: Record labels sue Pandora over older songs

add to favorites email to friend print save as pdf

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

Weibo IPO below expectations, raises $285.6 mn

18 hours ago

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

'Chief Yahoo' David Filo returns to board

19 hours ago

Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

Fired Yahoo exec gets $58M for 15 months of work

20 hours ago

Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

User comments : 0

More news stories

Hackathon team's GoogolPlex gives Siri extra powers

(Phys.org) —Four freshmen at the University of Pennsylvania have taken Apple's personal assistant Siri to behave as a graduate-level executive assistant which, when asked, is capable of adjusting the temperature ...

Better thermal-imaging lens from waste sulfur

Sulfur left over from refining fossil fuels can be transformed into cheap, lightweight, plastic lenses for infrared devices, including night-vision goggles, a University of Arizona-led international team ...

Deadly human pathogen Cryptococcus fully sequenced

Within each strand of DNA lies the blueprint for building an organism, along with the keys to its evolution and survival. These genetic instructions can give valuable insight into why pathogens like Cryptococcus ne ...