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Thread: McAfee Plans to acquire Foundstone

  1. August 16th, 2004, 05:08 PM #1
    The Grunt
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    McAfee Plans to acquire Foundstone

    http://news.com.com/McAfee+grabs+Fou...l?tag=nefd.top

    McAfee plans to acquire digital security company Foundstone for $86 million in cash, in a move to bolster its risk management offerings, the companies said Monday.

    Under the deal, security software maker McAfee plans to team up its intrusion prevention technology with Foundstone's vulnerability management software. The acquisition is designed to give McAfee an all-inclusive security offering.

    "Chief information security officers need a comprehensive view of where their risks are, and business executives need to understand how those risks can translate into business impact. Foundstone enables both," George Samenuk, McAfee chief executive, said in a statement.

    Mission Viejo, Calif.-based Foundstone's technology is designed to find security vulnerabilities and validate security measures that a company is currently taking. The 5-year-old company, which is privately held, has about 400 large corporations in its customer base, including AT&T, McKesson and Motorola.

    McAfee expects to close the transaction within the next 60 days.
    This should be VERY interesting to say the least... I just hope foundstone's free tools section stays up
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  2. August 16th, 2004, 05:19 PM #2
    thehorse13
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    I just hope foundstone's free tools section stays up
    That depends on whether or not they want to capitalize on the Foundstone name and operating philosophy. My guess is that you will see something like, "FoundStone Security brought to you my McAfee..."

    I wouldn't worry about the current tools. There are so many sites serving them up, it would be impossible to prevent you from getting them.
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  3. August 16th, 2004, 05:35 PM #3
    cacosapo
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    we are running out of tools. everybody is been acquired by big companies......

    and im not talking about free ones..... we need diversity .....
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  4. August 18th, 2004, 07:10 PM #4
    tonybradley
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    I talked with Stuart McClure about what this means for the Foundstone courses, the Hacking Exposed books and the free tools from Foundstone. You can read my article on the purchase here: Foundstone Acquired by McAfee
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  5. August 18th, 2004, 07:24 PM #5
    The Grunt
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    Awesome. Seems everything will stay the same and only get better from the way they talked.
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