Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

9/22/2008
08:51 PM
George V. Hulme
George V. Hulme
Commentary
50%
50%

McAfee Secures Place In UTM Market With $465 Million Acquisition

There's still big demand for unified threat management (UTM) devices, especially in the SMB part of the market, and with its $465 million acquisition McAfee is making a big move that will shore its network security products.

There's still big demand for unified threat management (UTM) devices, especially in the SMB part of the market, and with its $465 million acquisition McAfee is making a big move that will shore its network security products.As much as things change, they stay the same. Seems like yesterday when McAfee (which was Network Associates for a time) sold off PGP (disk encryption), CyberCop (intrusion prevention and vulnerability scanning), and its Gauntlet network firewall. In fact, McAfee went on a selling spree, and unloaded many of its security applications.

All of that started to change in 2003 with its decision to then focus heavily on host and network-based intrusion prevention with its Entercept and IntruVert acquisitions. It then bought Foundstone for its vulnerability scanner.

Today, McAfee bought Secure Computing, which offers a range of intrusion prevention, firewall, Web security, e-mail, and data protection, as well as a level of network access control technology. Incidentally, Secure Computing is the company that McAfee sold its Guantlet firewall.

There's not much in the way of technological overlap here. It looks like McAfee is going to be able to round out its network security offerings, especially when it comes to Secure Computing's Web filtering, TrustedSource technology, and secure E-mail. It's also getting Secure Computing at a significant time of weakness for the company. This is from The Motley Fool:

Yet Secure Computing's financials have been anything but secure in recent quarters. Debt plagued its balance sheet before Aladdin Knowledge Systems (Nasdaq: ALDN) agreed to pay $65 million in cash for its SafeWord authentication technology. Free cash flow -- once a staple of the business -- went missing in the second quarter.

With that in mind, it should be no shock that Secure Computing's stock has been suffering (even more than the overall market). Its 52-week high was $10.54, and it closed at $4.52 before the acquisition announcement. Its stock subsequently shot up 23.45% to close today at $5.58.

According to this story in CRN, while McAfee has 12,000 solution provider partners, there's little overlap with the 2,000 Secure Computing partners. So it should get a channel boost, as well.

It looks like McAfee scooped up troubled Secure Computing at a good deal, and saved that company from more pain. Should McAfee be able to get actually get some synergies from the acquisition, and execute on them, it could turn out to be a good move.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
NSA Appoints Rob Joyce as Cyber Director
Dark Reading Staff 1/15/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2020: The Year in Security
Download this Tech Digest for a look at the biggest security stories that - so far - have shaped a very strange and stressful year.
Flash Poll
Assessing Cybersecurity Risk in Today's Enterprises
Assessing Cybersecurity Risk in Today's Enterprises
COVID-19 has created a new IT paradigm in the enterprise -- and a new level of cybersecurity risk. This report offers a look at how enterprises are assessing and managing cyber-risk under the new normal.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-28488
PUBLISHED: 2021-01-22
This affects all versions of package jquery-ui; all versions of package org.fujion.webjars:jquery-ui. When the "dialog" is injected into an HTML tag more than once, the browser and the application may crash.
CVE-2021-22847
PUBLISHED: 2021-01-22
Hyweb HyCMS-J1's API fail to filter POST request parameters. Remote attackers can inject SQL syntax and execute commands without privilege.
CVE-2021-22849
PUBLISHED: 2021-01-22
Hyweb HyCMS-J1 backend editing function does not filter special characters. Users after log-in can inject JavaScript syntax to perform a stored XSS (Stored Cross-site scripting) attack.
CVE-2020-8567
PUBLISHED: 2021-01-21
Kubernetes Secrets Store CSI Driver Vault Plugin prior to v0.0.6, Azure Plugin prior to v0.0.10, and GCP Plugin prior to v0.2.0 allow an attacker who can create specially-crafted SecretProviderClass objects to write to arbitrary file paths on the host filesystem, including /var/lib/kubelet/pods.
CVE-2020-8568
PUBLISHED: 2021-01-21
Kubernetes Secrets Store CSI Driver versions v0.0.15 and v0.0.16 allow an attacker who can modify a SecretProviderClassPodStatus/Status resource the ability to write content to the host filesystem and sync file contents to Kubernetes Secrets. This includes paths under var/lib/kubelet/pods that conta...