McAfee announces acquisition of Solidcore Systems
McAfee is to acquire the provider of dynamic whitelisting technology Solidcore Systems.
The technology protects against vulnerable or malicious applications and ensures that only pre-authorised software and code can run on servers, endpoints, fixed function devices and mobile devices.
McAfee will couple Solidcore's whitelisting and compliance enforcement technology with its compliance mapping and policy auditing for an end-to-end compliance solution.
The acquisition is expected to close in the second quarter of 2009 pending regulatory reviews. Following the closing, Solidcore's technology will be incorporated into the McAfee governance, risk and compliance business unit, headed by senior vice president and general manager George Kurtz.
McAfee president and chief executive officer Dave DeWalt described the acquisition as ‘another important milestone in our growth'. He claimed that through the acquisition McAfee would be able to ‘expand its reach into new markets, secure new platforms and strengthen its hold as the leader in the $6 billion endpoint security market.'
DeWalt said: “Solidcore's industry-leading compliance and protection solutions will extend the current McAfee security portfolio beyond signature-based anti-malware with the addition of dynamic whitelisting and application trust technology.
“Combined with leading McAfee anti-virus, anti-spyware, host intrusion prevention, policy auditing and firewall technologies, we will help customers more easily mitigate the risks associated with vulnerable or malicious applications downloaded by employees.”
Anne Bonaparte, president and chief executive officer of Solidcore Systems, said: “The integration of Solidcore with McAfee will provide customers with the highest level of system integrity and security across their physical and virtual environments, and allow customers to more quickly and easily meet today's demanding compliance requirements.”