Feeds

McAfee.com sitting pretty after viral outbreaks

It's an ill-wind...

  • alert
  • submit to reddit

High performance access to file storage

McAfee.com, the security ASP subsidiary of Network Associates, has posted results, which show that the firm has moved into the black in the aftermath of recent viral outbreaks, such as Code Red.

Revenues for McAfee.com's third quarter were $16.2 million, up $3.6 million from $12.6 million the same period last year. Net income was $2.75 million compared to a loss of 3.6 million in Q3 2000.

During the quarter McAfee.com signed up more than 200,000 subscribers to increase its ranks to 1,220,000.

McAfee.com's business this quarter has not being without controversy, particularly when it secured a patent for its "software-as-a-service" technology and subscription-based business model for delivering security maintenance, and optimisation services to Internet uses. As previously reported, the patent ("Method and system for securing, managing or optimising a personal computer" US Patent 6,266,774) was considered to have questionable merit because it apparently covered pre-existing and widely used technologies and business practices. ®

External Links

McAfee.com's results statement

Related Stories

McAfee patents virus update over the Internet
McAfee files patents for security as a service
McAfee declares war on Zombies
Virus plague fails to stem losses at Network Associates
Investors mis-interpret McAfee/MS .NET deal

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.