"Data protection is the number one concern of chief information security
officer's, but today's DLP solutions take too long to deploy and obtain
results," said
Reconnex's technology helps an organization protect all the information assets on its network without requiring upfront knowledge of what needs to be protected, regardless of how that information is stored, secured or communicated. Through the pending acquisition of Reconnex, McAfee(R) expects to further enhance its leadership position in proactive security and risk management solutions.
"The growing number of high-profile incidents in which customer records,
confidential information and intellectual property were leaked (or
lost/stolen) has created an explosive demand for solutions that protect
against the deliberate or inadvertent release of sensitive information," said
Reconnex's products align with McAfee's vision to provide a complete data protection and compliance solution to its customers, meeting the significant demand for adaptive data protection. With more than 60 million nodes managed by McAfee ePolicy Orchestrator(R) (ePO(TM)), McAfee can bring automated, centrally managed and adaptive protection to its existing customer base and further help users enhance the value of their current investments.
"As a joint customer of both McAfee and Reconnex, we believe the
combination of their technologies will significantly benefit our network
security operations," said
"We expect this acquisition to help McAfee solve the bigger, tougher data
protection problems inhibiting current DLP deployments and will result in
tremendous opportunities for our collective customers and partners," said
Reconnex has solved the current problems with DLP through innovative learning technology that indexes, classifies and understands the context of all content within or as it leaves an organization. Reconnex's "knowledge mining" capability helps businesses tackle the fear of the unknown. Businesses don't need to know what they should protect, because the technology can help them find, analyze and classify their data.
The acquisition is expected to close in the third quarter of 2008. McAfee
anticipates that following the closing, Reconnex's technologies will be
incorporated under McAfee's Data Protection product business unit, headed by
For additional information, please reference
http://www.mcafee.com/enddataanxiety.
Forward-Looking Statements:
This release contains forward-looking statements, which include those
regarding McAfee's future plans for the Reconnex business, the expected
closing date of the acquisition, the expectations as to the growth
opportunities from the acquisition of the Reconnex business and McAfee's
expected plans for the integration of Reconnex products. Factors that could
cause McAfee's actual realization of expected financial and other investments
of the acquisition to be materially different from those anticipated include
among others, the inability to integrate successfully Reconnex within McAfee
or to realize synergies from such integration; costs related to the
acquisition of Reconnex inability to obtain necessary regulatory approval or
to obtain them on acceptable terms; the economic environment of the industries
in which McAfee and Reconnex operate, as well as facts relating to Reconnex
that may impact the timing or amount of synergies they can be realized and
that are unknown to McAfee. In addition, actual results are subject to other
risks and uncertainties that relate more broadly to McAfee's overall business,
including those more fully described in McAfee's filings with the SEC
including its annual report on Form 10-K for the year ended
About McAfee, Inc.
McAfee, Inc. is the leading dedicated security technology company.
Headquartered in
About Reconnex
Reconnex is the leader in data loss prevention appliances, which are designed for any organization -- including enterprises, government agencies, or educational institutions -- that want to protect its brand, maintain compliance, or secure sensitive information. Reconnex delivers a patented learning application that allows organizations to quickly identify their sensitive data, their business process, and gain better insight into risk. A privately held company based in Silicon Valley, Calif., Reconnex protects information for over 1.5 million users today. For more information about Reconnex, please visit http://www.reconnex.net or call 866-940-4590.
NOTE: McAfee and ePolicy Orchestrator are registered trademarks of McAfee,
Inc. and/or its affiliates in the U.S. and/or other countries.
SOURCE McAfee, Inc.