McAfee said today that it has made progress in its acquisition of Stonesoft Oyj by completing the tender offer that was announced on May 6.
Stonesoft is known for its next-generation firewall, which is being positioned as “visionary” in the Gartner Magic Quadrant for Enterprise Network Firewalls. With the completion of the tender offer, Stonesoft is now a McAfee group company, and all Stonesoft products and technologies are part of the McAfee portfolio. With more than 7,200 employees and its dedicated focus on security, McAfee already has a substantial presence in the network security space. With the addition of Stonesoft, the company expects to rapidly emerge as the leading provider of enterprise firewall technology. Organizations can benefit from McAfee’s Security Connected strategy, as Stonesoft’s products become integrated with other products from McAfee’s broad portfolio.
The Stonesoft team will become a part of the Network Security Business Unit led by Pat Calhoun. Based in Helsinki, Finland, Stonesoft is trusted by more than 6,500 customers around the globe. Stonesoft’s customer base can now benefit from an integrated, comprehensive security solution through McAfee.