McAfee Buys SafeBoot B.V. For $350M
Santa Clara-based McAfee said Monday that it has agreed to acquire SafeBoot B.V., a provider of enterprise security software, for $350M in cash. SafeBoot B.V. develops encryption software used for protecting data on laptops, mobile phones and other platforms. According to McAfee, SafeBoot will become part of a new Data Protection product business unit, which will be headed by SafeBoot head Gerhard Watzinger. SafeBoot's products are used to encrypt smart phones, USB drives, PDAs, and laptops.
posted on Tuesday, October 9, 2007
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