Wednesday, 8 May 2013

McAfee to acquire firewall expert Stonesoft for $389m

A McAfee logo
McAfee has entered into an agreement to purchase Finnish network security firm Stonesoft for $389m.
The acquisition will see McAfee adapt Stonesoft's firewall technology into its security products. McAfee's deal is still awaiting government approval before becoming official.
McAfee president Michael DeCesare said: "With the pending addition of Stonesoft's products and services, McAfee is making a significant investment in next-generation firewall technology. These solutions anticipate emerging customer needs in a continually evolving threat landscape.
"Stonesoft is a leading innovator in this important market segment. We plan to integrate Stonesoft's offerings with other McAfee products to realise the power of McAfee's Security Connected strategy."
McAfee said the acquisition will allow the firm to focus on its intrusion prevention systems (IPS) platform.
Pat Calhoun, McAfee senior vice president and general manager of network security, wrote in a blog post that the purchase will allow McAfee to group Stonesoft's firewall technology with its advanced threat intelligence expertise, threat evasion and web protection solutions.
"With Intel's backing, we can now provide two leading firewall solutions that will be a critical layer in our Security Connected strategy," wrote Calhoun. "This investment in Stonesoft will also allow us to focus our resources on evolving our IPS platform to be the market-leading solution to help businesses defend against the most sophisticated and advanced threats."
Stonesoft touts its firewall technologies as highly adaptable and easy to maintain. The firm's tools are part of the Stonesoft's Security Engine platform. The platform offers users the ability to deploy firewalls as physical appliances, virtual appliances, and software.
McAfee's purchase comes following a recent decree from the firm's CTO. Michael Fey told V3 that hackers were becoming more sophisticated. He said that McAfee must focus more on integrated security technologies to slow the threat of viruses like Flame.

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