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McAfee plans for $389 million purchase of network security provider

7 May 2013 12:00 AM | Anonymous

McAfee has signed a deal valued at $389 million with Finish based Stonesoft, an IT company specialising in network security focusing on Firewall products.

The Intel owned company is looking to combine Stonesoft with its existing network security offering, utilising Stonesoft’s next generation firewall services to strengthen its own security offering, combined with other services, as part of McAfee’s overall ‘Connected’ strategy.

Ilkka Hiidenheimo Stonesoft’s chief executive officer said: “Combined, we believe we can offer our customers a world-class product portfolio with world-class support all backed by Intel".

Intel acquires McAffee

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