Update: McAfee to buy Foundstone for $86 million

McAfee has announced that it's purchasing Foundstone for $86 million. Foundstone specializes in technology for spotting and remediating software vulnerabilities. As part of the deal Foundstone's products will become part of McAfee's services, but at $86 million what would you expect.

McAfee will combine its newly acquired technology into its line of security products. The new lineup from McAfee will able to identify and shield users/corporations from Internet/network attacks. A company that for the longest time has only specialized in antivirus products is continuing to break into new markets. If McAfee keeps up this momentum its rival Symantec is going to have some serious catching up to do.

Though I'm not a personal fan of McAfee product I have to applaud the company for continuing to offer its customers better products. With an acquisition like this the McAfee name is now going to get a whole new meaning. Especially as it seems like McAfee is getting ready to challenge the big boys such as Cisco with new network security products.

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