Santa Clara,California based company McAfee has made a deal to acquire ‘Secure Computing’ for an amount of $465 million in cash. This deal will put them ahead of Symantec in terms of enterprise network security. McAfee will either be paying $5.75 per share or $413 million for the publicly traded company. The preferred stocks of Secure Computing will be traded in for $84 million in additional cash. The total deal is worth $465 million.
Secure Computing will be helping McAfee in the sector of corporate defence against malware. Currently the prior contains 22,000 customers in 106 countries.
