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McAfee to acquire firewall maker Stonesoft

McAfee plans to acquire Helsinki-based maker of firewalls for US$389 million in cash. Firewalls are one of the fastest growing products in network security, McAfee says. Stonesoft’s products will be integrated with McAfee’s products, the company says. The Helsinki company also makes evasion prevention systems and SSL (Secure Sockets Layer) VPN software. The offer per share is a!4.50, a premium of 142 percent compared to the volume-weighted average price of Stonesoft shares.”]

Source: https://www.csoonline.com/article/2133401/mcafee-to-acquire-firewall-maker-stonesoft.html

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