Market Overview

McAfee Completes Tender Offer of Stonesoft

McAfee today reached a major milestone in its acquisition of Stonesoft
Oyj by completing the tender offer that was announced on May 6.
Stonesoft's innovative, high performance technology meets the needs of
distributed enterprises, both today and tomorrow, and its world-class
next-generation firewall is 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.

The enterprise network security equipment market is forecast to grow at
a 7.0 percent compound annual growth rate (CAGR) during the next five
years and reach $11.4 billion by 2017, according to Gartneri.

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

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