Monday, May 6, 2013

McAfee Buys Stonesoft

Santa Clara-based security software developer McAfee, which is owned by Intel, said this morning that it has agreed to acquire Stonesoft Oyj, a developer of firewall products. McAfeee said it will pay approximately $389M in cash for Stonesoft, which is based in Helskinki, Finland. Stonesoft's products include firewalls, SSL VPN, and other network security products.