US Internet security firm McAfee said Monday it was buying Finnish-based
firewall specialist Stonesoft Oyj in a deal worth $389 million.
deal gives McAfee, a unit of chipmaker Intel, an expanded
portfolio of next-generation firewalls and other products for network
security, a joint statement said.
"With the pending addition of
Stonesoft's products and services, McAfee is making a significant
investment in next-generation firewall technology," said McAfee
president Michael DeCesare.
"Stonesoft is a leading innovator in
this important market segment. We plan to integrate Stonesoft's
offerings with other McAfee products to realize the power of McAfee's
Security Connected strategy."
Based in Helsinki, Finland, Stonesoft has some 6,500 customers across the globe.