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McAfee looking to acquire security companies


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chiawaikian



Joined: 18 Jan 2006
Posts: 207
Location: Singapore



PostPosted: 03/30/06 - 10:05    Post subject: McAfee looking to acquire security companies Reply with quote

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Security software vendor McAfee Inc. is looking to acquire security companies that have technology that can be quickly integrated with the company's products, an executive of the Santa Clara, Calif., company said Wednesday.

McAfee is scouting worldwide for companies that can offer interesting technologies in areas such as wireless security and safer Internet surfing for users, George Samenuk, McAfee's chief executive officer and chairman, told reporters in Bangalore, India.


The acquisitions would be wholly in cash, and the deal sizes could range from $20 million to $500 million for an acquisition, said Samenuk, who added that the company had over $1.2 billion in cash and was debt-free.





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