McAfee to Acquire Skyhigh Networks

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McAfee has announced it will acquire Skyhigh Networks for an undisclosed amount.

The deal comes less than eight months after the company spinout from Intel to become a standalone cybersecurity business.

McAfee said the move will allow the firm and Skyhigh Networks to offer customers the most advanced cybersecurity architecture required for the future, spanning endpoint and cloud control points, linked by the security operations center with actionable threat intelligence, analytics and orchestration, and enabled by an open ecosystem.

Rajiv Gupta, CEO of Skyhigh Networks, will join the leadership team of McAfee CEO Chris Young to run McAfee’s new cloud business unit, whilst Skyhigh’s existing organizational structure will remain generally intact.

“Skyhigh Networks had the foresight five years ago to realize that cybersecurity for cloud environments could not be an impediment to, or afterthought of, cloud adoption,” Young said.

“Skyhigh’s leadership in cloud security, combined with McAfee’s security portfolio strength, will set the company apart in helping organizations operate freely and securely to reach their full potential.”

Gupta added that becoming part of McAfee is the ideal next step in realizing Skyhigh Networks’ vision of not simply making the cloud secure, but making it the most secure environment for business.

“McAfee will provide global scale to further accelerate Skyhigh’s growth, with the combined company providing leading technologies and solutions across cloud and endpoint security – categories Skyhigh and McAfee respectively helped create, and the two architectural control points for enterprise security.”

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