McAfee to buy Foundstone

Posted by   Virus Bulletin on   Aug 16, 2004

McAfee splashes out on vulnerability management.

McAfee, Inc. has announced its impending acquisition of Foundstone, Inc., manufacturer of vulnerability management software, for $86 million in cash.

The AV vendor, which recently rebranded, and sold off its network and application performance management business, will add Foundstone's line of vulnerability management software to its catalogue of security products.

Foundstone's customer base boasts more than 400 large enterprise customers and many high profile government agencies, including its latest new customer, the US Department of Justice. McAfee will begin to sell the Foundstone line of products as soon as the acquisition is complete, with plans subsequently to combine Foundstone's vulnerability assessment and management technology with its own intrusion prevention technology.

Industry analyst IDC predicts that the vulnerability assessment and management (VA&M) and intrusion detection market will experience increasing growth over the next few years, reaching $1.6 billion by 2008.

The acquisition is expected to complete in the next 60 days.

Posted on 16 August 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.