McAfee to buy data protection vendor Reconnex
Looking to expand its range of data protection products, McAfee said Thursday that it will acquire Reconnex, a maker of data protection appliances and software.
McAfee expects to close the US$46 million cash acquisition by the end of September and will roll the products into its data protection business unit, where they will be sold under the McAfee Adaptive Protection brand name.
The company expects to rename the Reconnex iGuard Appliance and inSight Console products sometime around year's end.
Founded in 2003, Reconnex sells data loss prevention (DLP) software, designed to prevent sensitive documents and data from leaving corporate networks. The company's software indexes and classifies information and then stops it from leaking out of the corporate firewall.
Enterprise customers are only just beginning to purchase these products, but security vendors like McAfee have high hopes that this market will grow into a multibillion-dollar market in the next few years.
The Mountain View, California, company has a staff of 85 and counts Qualcomm, Medstar Health Systems and Webex among its clients.
Reconnex is McAfee's second DLP acquisition. In 2006 it bought Onigma, an early maker of this type of software. Late last year, McAfee also picked up encryption vendor SafeBoot, and it has used the SafeBoot and Onigma products as the building blocks for its data protection product line.
McAfee says it will integrate the Reconnex products with its ePolicy Orchestrator management software by next year.
IDG News Service
Build your tech library with our book giveaways.
Windows PowerShell 2.0 Unleashed
By Tyson Kopczynski, Pete Handley, Marco Shaw; Published by Sams
Windows PowerShell Unleashed will not only give you deep mastery over PowerShell but also a greater understanding of the features being introduced in PowerShell 2.0–and show you how to use it to solve your challenges in your production environment. Enter now!
Ubuntu Server Administration
By Michael Jang; Published by McGraw-Hill Osborne Media
Realize a dynamic, stable, and secure Ubuntu Server environment with expert guidance, tips, and techniques from a Linux professional. Ubuntu Server Administration covers every facet of system management -- from users and file systems to performance tuning and troubleshooting. Enter now!
