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Mergers and Acquisitions Activity (May 18 - May 22) |
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Sunday, 24 May 2009 |
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Page 4 of 4
| M&A Activity |
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Mcafee
McAfee, Inc. announced a definitive agreement to acquire privately owned Solidcore Systems, Inc. for approximately $33 million in cash up front and with an earn-out of up to an additional $14 million if certain performance targets are met. Solidcore is a provider of dynamic whitelisting technology that controls and protects the applications installed on a computer, resulting in improved IT compliance, security and availability. McAfee expects to couple Solidcore’s dynamic whitelisting and compliance enforcement technology with McAfee compliance mapping and policy auditing to deliver an end-to-end compliance solution. |
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