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McAfee to buy Foundstone for $US86 million

McAfee to buy Foundstone for $US86 million

McAfee's imminent purchase of Foundstone will herald a step change in access to advanced security, according to Dimension Data, Foundstone's sole distributor in Australia.

McAfee, which has offered $US86 million in cash for Foundstone, plans to combine its technology for managing software vulnerabilities with its own intrusion detection and security policy management products.

"With no Foundstone staff in Australia, we had to maintain a deep level of knowledge of the products in order to support it," Dimension Data's national security manager, Neil Campbell, said. "We'll keep the depth of expertise but will now have the additional support."

The availability of local support and access to vulnerability management would mean Australia would see much more of an uptake of advanced security technologies, Campbell said.

McAfee's director of marketing for Asia-Pacific, Allan Bell, said Australia was now ahead in Foundstone expertise due to McAfee's long-standing relationship with Dimension Data.

"The face that we've been involved with Dimension Data for so long and it's our largest reseller means that Australian customers will benefit quicker," he said.

The Foundstone product would be sold through McAfee's existing channel partners and the company is investigating the best routes to market, Bell said. It was not yet clear how the technologies would integrate.

McAfee said it expected its acquisition to be complete in the next 60 days.


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