McAfee buys Finland firewall firm Stonesoft

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By Agence France-Presse | Updated: 7 May 2013 16:49 IST
US Internet security firm McAfee said Monday it was buying Finnish-based firewall specialist Stonesoft Oyj in a deal worth $389 million.

The deal gives McAfee, a unit of chipmaker Intel, an expanded portfolio of next-generation firewalls and other products for network security, a joint statement said.

"With the pending addition of Stonesoft's products and services, McAfee is making a significant investment in next-generation firewall technology," said McAfee president Michael DeCesare.

"Stonesoft is a leading innovator in this important market segment. We plan to integrate Stonesoft's offerings with other McAfee products to realize the power of McAfee's Security Connected strategy."

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Based in Helsinki, Finland, Stonesoft has some 6,500 customers across the globe.

 

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Further reading: Internet, Laptops, McAfee, PC
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