Santa Clara, CA (May 25, 2010) – McAfee, Inc. (NYSE:MFE) today announced that it has entered into a definitive agreement to acquire privately owned Trust Digital. Trust Digital is a leading technology provider of enterprise mobility management and security software targeting Global 2000 companies and is deployed by a growing number of businesses to deliver mission critical data to the point of service using Apple iPhones and iPads. McAfee expects that Trust Digital’s strong foot-hold in the mobile security market will extend McAfee’s endpoint market, addressing a wide range of mobile operating systems including iPhone OS, Android, Web OS, Windows Mobile, and Symbian.
IT organizations rely on Trust Digital to secure, rapidly deploy and centrally manage smartphones, as well as a new generation of always-available line of business applications and services. Following the completion of this proposed acquisition, McAfee(R) expects to couple Trust Digital’s enterprise mobility management solution with McAfee’s endpoint protection capabilities to deliver the industry’s first comprehensive mobile security solution. Customers will benefit from centralized management and reporting of the integrated technologies through the McAfee ePolicy Orchestrator(R) (ePO(TM)) console.
With the proliferation of smartphones in the enterprise, paired with an increase in demand for real-time access to information via these devices, the ability to manage and support security policy that enables productivity is a significant priority for CIOs today. Rapid adoption of smartphones has changed how users in industries like healthcare, pharmaceutical and financial services work. Secure, immediate access to critical information on mobile applications is a core component enabling a productive workforce. Enterprises want to increase revenues, profits and productivity through empowering their workforce, without compromising their security.
“The acquisition of Trust Digital’s industry-leading enterprise mobility management solutions will extend the current McAfee security portfolio beyond the traditional endpoint, addressing the rapidly expanding mobile security market,” said Dave DeWalt, president and chief executive officer, McAfee. “Once completed, Trust Digital’s industry leading enterprise mobility management solutions combined with leading McAfee antivirus, antispyware, host intrusion prevention, policy auditing and firewall technologies, will enable McAfee to address the mobile workforce by mitigating the risks associated with vulnerable or malicious mobile applications downloaded by employees. Through this acquisition, we believe McAfee can expand its reach into new markets, secure new platforms and strengthen its leadership position.”
“Business users are thrilled by the capabilities of iPhones, smartphones and tablets and are quickly adopting them as their handheld computers, but their IT counterparts must now find tools to effectively secure and manage them,” said Mark Shull, chief executive officer, Trust Digital. “The integration of Trust Digital with McAfee will enable enterprises to rapidly deploy new mobility devices such as smartphones across diverse mobile environments cost effectively and with the highest level of security. Together, we will enable IT to say yes to the iPhone and Android.”
About McAfee, Inc.
McAfee, Inc., headquartered in Santa Clara, California, is the world’s largest dedicated security technology company. McAfee is committed to relentlessly tackling the world’s toughest security challenges. The company delivers proactive and proven solutions and services that help secure systems and networks around the world, allowing users to safely connect to the Internet, browse and shop the web more securely. Backed by an award-winning research team, McAfee creates innovative products that empower home users, businesses, the public sector and service providers by enabling them to prove compliance with regulations, protect data, prevent disruptions, identify vulnerabilities, and continuously monitor and improve their security. For more information, visit www.mcafee.com
About Trust Digital
Trust Digital is the leading provider of enterprise mobility management (EMM®) software for Global 2000 companies, and today Trust Digital is being deployed by the growing number of businesses using the Apple iPhone® to deliver mission critical data to the point of service. IT organizations rely on Trust Digital’s solution to secure, rapidly deploy and centrally manage their smartphones, while also enabling their use with native IT services and applications. Trust Digital is the trusted mobility company. For more information, please visit our website, www.trustdigital.com.