SDA India is an online resource for Software, Development,IT, Architecture, Open Source, Mobile, Security, Databases, Delphi, C, OS, Asp, .Net, Php, Xml, Java
From the News Desk
Monday, 4. August 2008
McAfee Announces to Eat up Reconnex
McAfee has announced a definitive agreement to acquire privately owned Reconnex, a provider of data loss prevention solutions, for USD 46 million in cash.
“With the pending acquisition of Reconnex, McAfee expects to redefine the entire data protection market by bringing together a leader in the hottest segment with our comprehensive portfolio of data protection technologies. We expect that this will enable us to leapfrog other data protection vendors and to reinforce our position as the largest dedicated security company,” said Dave DeWalt, chief executive officer and president of McAfee.
Reconnex’s technology helps an organization protect all the information assets on its network without requiring upfront knowledge of what needs to be protected, regardless of how that information is stored, secured or communicated.
Through the pending acquisition of Reconnex, McAfee expects to further enhance its leadership position in proactive security and risk management solutions.
The acquisition is expected to close in the third quarter of 2008. McAfee anticipates that following the closing, Reconnex’s technologies will be incorporated under McAfee’s Data Protection product business unit, headed by Gerhard Watzinger.
“With the pending acquisition of Reconnex, McAfee expects to redefine the entire data protection market by bringing together a leader in the hottest segment with our comprehensive portfolio of data protection technologies. We expect that this will enable us to leapfrog other data protection vendors and to reinforce our position as the largest dedicated security company,” said Dave DeWalt, chief executive officer and president of McAfee.
Reconnex’s technology helps an organization protect all the information assets on its network without requiring upfront knowledge of what needs to be protected, regardless of how that information is stored, secured or communicated.
Through the pending acquisition of Reconnex, McAfee expects to further enhance its leadership position in proactive security and risk management solutions.
The acquisition is expected to close in the third quarter of 2008. McAfee anticipates that following the closing, Reconnex’s technologies will be incorporated under McAfee’s Data Protection product business unit, headed by Gerhard Watzinger.
