McAfee Inc. Posts
The Obama administration has named Phyllis Schneck as the Department of Homeland Security’s cyber-security head. Schneck used to be the vice president and chief technology officer for the public sector at Intel subsidiary McAfee. Schneck will be starting in early September as the deputy undersecretary for cybersecurity. The Department of Homeland Security is known for protecting U.S. networks from hackers.
Intel subsidiary and security software company McAfee announced this morning that they have completed the tender offer for network security company Stonesoft. McAfee announced that they are acquiring Stonesoft for $389 million in cash on May 6, 2013. Stonesoft will now be part of the McAfee group, which has over 7,200 employees. Stonesoft’s products and technologies will become a part of the McAfee portfolio.
McAfee and Intel are launching a new all-in-one security software suite known as LiveSafe. LiveSafe has an emphasis on protecting all of the devices in your home including phones, tablets, and PCs. LiveSafe is compatible with Windows, Android, BlackBerry, and iOS, but not yet Windows Phone or Chromebooks.
McAfee, a security solutions company owned by Intel, is acquiring Stonesoft Oyj for $389 million in cash. Stonesoft is known for developing firewall protection products. The acquisition will enable McAfee to expand their product line with a focus on next-generation firewalls, evasion prevention systems, and SSL VPN solutions.
John McAfee, the founder of McAfee anti-virus software, became wanted for murder in November, hid out in Guatemala, got arrested, and then fled to Miami. Warner Brothers bought the rights to the Wired e-book called “John McAfee’s Last Stand.”
Dave DeWalt became the CEO of security startup company FireEye last year. FireEye raised $50 million and the company is now valued at $1.25 billion. DeWalt is the former CEO of McAfee, which sold under his watch to Intel for $7.8 billion. He also oversaw the acquisition of Documentum’s $1.7 billion acquisition by EMC. DeWalt’s track record speaks for itself. Getting McAfee back on track and then selling it was an uphill battle.
The John McAfee saga continues. He was wanted for murder in Belize, but was able to escape to Guatemala. He has now been deported from Guatemala to Miami, Florida. His fate now rests in the hands of the relations between Belize and the United States. The Belize government wants McAfee back there so he can be questioned for the murder of his neighbor there named Gregory Faull.