NAI reverts to McAfee

Posted by   Virus Bulletin on   May 5, 2004

Network Associates Inc. (NAI) to streamline and adopt (not so) new name.

In a bid to reduce costs and increase productivity, Network Associates, Inc. (NAI) has announced plans to streamline its business and to change its name to McAfee, Inc.

The company intends to focus solely on providing security products and services, and in order to do so, is selling its network and application performance management business, Sniffer, to Silver Lake Partners and Texas Pacific Group.

The purchasers, who are expected to pay $275 million for the business, intend to form a standalone company named Network General Corporation, which will continue to sell the Sniffer products. Upon completion of the sale, Network Associates will adopt its (not so) new name, McAfee, Inc.

The complexities of name changes and corporate re-branding can often seem a mystery to the end-user. In this instance, the company is (more or less) reverting to its old name: McAfee Associates merged with Network General back in December 1997 to form Network Associates Inc. (see VB, November 1997, p.3). While the company itself got a new name, the McAfee product tag has remained in the public eye since 1989, making it an obvious choice for the company's latest incarnation.

Posted on 5 May 2004 by Virus Bulletin

 Tags

twitter.png
fb.png
linkedin.png
hackernews.png
reddit.png

 

Latest posts:

VBSpam tests to be executed under the AMTSO framework

VB is excited to announce that, starting from the Q3 test, all VBSpam tests of email security products will be executed under the AMTSO framework.

In memoriam: Prof. Ross Anderson

We were very sorry to learn of the passing of Professor Ross Anderson a few days ago.

In memoriam: Dr Alan Solomon

We were very sorry to learn of the passing of industry pioneer Dr Alan Solomon earlier this week.

New paper: Nexus Android banking botnet – compromising C&C panels and dissecting mobile AppInjects

In a new paper, researchers Aditya K Sood and Rohit Bansal provide details of a security vulnerability in the Nexus Android botnet C&C panel that was exploited in order to gather threat intelligence, and present a model of mobile AppInjects.

New paper: Collector-stealer: a Russian origin credential and information extractor

In a new paper, F5 researchers Aditya K Sood and Rohit Chaturvedi present a 360 analysis of Collector-stealer, a Russian-origin credential and information extractor.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.