June 6, 2006 8:05 AM PDT

McAfee acquires Preventsys

McAfee announced Tuesday it has acquired Preventsys, a move designed to expand its security and compliance lineup.

Preventsys, a Carlsbad, Calif.-based company, markets its Security Risk Management System to large corporate customers. The acquisition is intended to bolster McAfee's other risk management products, such as Foundstone, which it acquired two years ago for $85 million.

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Preventsys' software is designed to consolidate security data from a multitude of vendors' tools and display the information on one dashboard or screen. Its Security Risk Management System is also designed to prioritize remediation tasks, such as patching, and to automate security compliance reporting.

"McAfee's acquisition of Preventsys fulfills a key component of our risk management and compliance strategy, which is based on helping our customers leverage their existing security technologies," Ken Gonzalez, vice president of corporate development, said in a statement.

Financial terms of the acquisition were not disclosed.

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compliance, McAfee Inc., risk management, acquisition, security

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Won't stop Microsoft from taking over market
as history shows.
Posted by technewsjunkie (1265 comments )
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