McAfee wraps up $389M acquisition of Stonesoft, adding network-security capabilities

07/8/2013 | (U.K.)

McAfee says it has finalized its $389 million acquisition of Stonesoft to extend its portfolio of network-security products. Stonesoft's firewall products and technologies will join with McAfee's IPS Network Security Platform and Firewall Enterprise, the Intel subsidiary said. Gartner predicts that the enterprise network-security-equipment market will see a compound annual growth rate of 7% over the next five years, hitting $11.4 billion by 2017.

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