 "McAfee To Acquire Trust Digital")
McAfee, Inc. has announced that it has entered into a definitive agreement to acquire privately owned Trust Digital , provider of enterprise mobility management and security. McAfee expects that Trust Digital’s strong foot-hold in the mobile security market will extend McAfee’s endpoint market, addressing a wide range of mobile operating systems including iPhone OS, Android ,Web OS, Windows Mobile, and Symbian.
“The acquisition of Trust Digital’s industry-leading enterprise mobility management solutions will extend the current McAfee security portfolio beyond the traditional endpoint, addressing the rapidly expanding mobile security market,” said Dave DeWalt, President and Chief Executive Officer, McAfee. “Once completed, Trust Digital’s industry leading enterprise mobility management solutions combined with leading McAfee antivirus, antispyware, host intrusion prevention, policy auditing and firewall technologies, will enable McAfee to address the mobile workforce by mitigating the risks associated with vulnerable or malicious mobile applications downloaded by employees. Through this acquisition, we believe McAfee can expand its reach into new markets, secure new platforms and strengthen its leadership position.”
“Business users are thrilled by the capabilities of iPhones, smartphones and tablets and are quickly adopting them as their handheld computers, but their IT counterparts must now find tools to effectively secure and manage them,” said Mark Shull, Chief Executive Officer, Trust Digital. “The integration of Trust Digital with McAfee will enable enterprises to rapidly deploy new mobility devices such as smartphones across diverse mobile environments cost effectively and with the highest level of security. Together, we will enable IT to say yes to the iPhone and Android.” The acquisition is expected to close by June 30 of 2010.
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