Virus protection giant McAfee is expanding its security empire with the acquisition of Secure Computing. The company announced plans for the purchase Monday morning. It'll pay $465 million, or $5.75 per share, in the merger. The move will no doubt help expand McAfee's suite of security-related products as it works to compete with the market's top provider, Symantec. Secure Computing's stock jumped close to 25 percent following the news.
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McAfee Makes Enterprise Bid With $465M Secure Computing Buy
Virus protection giant McAfee is expanding its security empire with the acquisition of Secure Computing. The company announced plans for the purchase Monday morning. It'll pay $465 million, or $5.75 per share, in the merger. The move will no doubt help expand McAfee's suite of security-related products as it works to compete with the market's top provider, Symantec. Secure Computing's stock jumped close to 25 percent following the news.
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Created by deep Created 8 weeks 4 days ago – Made popular 8 weeks 4 days ago
Category: Technology
Category: Technology
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