Security firmMcAfeehas completed the $140m acquisition of
cloud-based e-mail and web security providerMX Logic.
McAfee will pay an additional $30m if certain performance
targets are met as the firm seeks to offer the most comprehensive
cloud-based security portfolio in the industry.
The acquisition is aimed at enabling customers to use
cloud-based services to simplify their security architecture, said
Marc Olesen, general manager at McAfee.
The MX Logic team will report to the McAfee
Software-as-a-Service business unit, headed by Olesen.