McAfee embraces cloud with MX Logic acquisition


McAfee embraces cloud with MX Logic acquisition

Warwick Ashford

Security firm McAfee has completed the $140m acquisition of cloud-based e-mail and web security provider MX 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.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

COMMENTS powered by Disqus  //  Commenting policy