Feeds

McAfee erects Citadel

Security compliance play

3 Big data security analytics techniques

McAfee has agreed to buy a majority stake in security policy compliance firm Citadel Security in a deal valued at $60m. The deal is designed to bolster McAfee's capabilities in the area of policy enforcement and vulnerability remediation.

The deal will allow McAfee to compete more effectively with competitors such as Symantec, which has also made acquisitions in the area of security risk management, in attempts to build sales of kit designed to help large companies to comply with increasingly stringent corporate governance legislation. Citadel's software also helps to reduce security exposure. McAfee plans to offer the technology alongside its existing ePolicy Orchestrator security management platform.

According to a statement, McAfee's agreement to acquire "substantially all" the assets of Citadel Security will set it back approximately $56m in cash, plus an estimated $4m in working capital reimbursement. The transaction is expected to close in the fourth quarter of 2006, subject to customary closing conditions including Citadel share holder approval. McAfee plans to discuss what the acquisition will do to its bottom line after announcing its Q3 2006 earnings on 26 October. ®

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
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
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
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.