McAfee buys Foundstone for $86 million

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In a play to offer companies a solution that combines its intrusion prevention capabilities with a comprehensive view of risks as they relate to business impact, McAfee, Inc. has inked a deal to acquire vulnerability and assest management company Foundstone, Inc. for $86 million.

Founded in 1999, Foundstone has built its business around a combination of enterprise software, appliances, consulting services, and education. The company's underlying technology prioritizes and correlates assets, vulnerabilities and threats to support proactive remediation that protects critical assets against threats. It also has a Professional Services organization, which will become part of the McAfee Expert Services team.

With the integration of products into its suite of solutions, McAfee plans to deliver enhanced risk classification of prioritized assets, automated shielding and risk remediation through its
intrusion prevention technology, and automated policy enforcement and compliance.

Upon completion of the deal, which is expected in the next 60 days, McAfee will continue to sell the Foundstone line of products. These include Foundstone Enterprise, Foundstone FS1000 appliance, Foundstone On-demand Service and Foundstone Professional TL.  

"Combined with McAfee's intrusion prevention technologies, we'll help customers take a risk based approach to protect their mission-critical assets and minimize business and organizational disruption from security incidents," said George Kurtz, chief executive officer of Foundstone.

www.mcafee.com

 

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