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Breaking Industry News: McAfee to Acquire Foundstone for $86 Million
Breaking Industry News: McAfee to Acquire Foundstone for $86 Million

"Chief information security officers need a comprehensive view of where their risks are, and business executives need to understand how those risks can translate into business impact. Foundstone enables both," said George Samenuk, chairman and CEO of McAfee, as he announced today his company's agreement to acquire vulnerability assessment vendor Foundstone for $86 million in cash.

Earlier in the year Foundstone launched a channel, and industry analysts are saying that with this acquisition McAfree will be adding a broader IT infrastructure management offering to its established security and antivirus portfolio of products and services.

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

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