Chip giant Intel has revealed it will acquire security security mainstay McAfee in a epic deal valued at US$7.68 billion in cash. In terms of the deal, in which Intel will buy all of McAfee’s common stock for $48 per share in cash with McAfee operating as a wholly-owned Intel subsidiary and report into Intel’s Software and Services Group.Read More…

Symantec has completed its acquisition of VeriSign’s identity and authentication business. The acquired business includes the Secure Sockets Layer (SSL) and Code Signing Certificate Services, the Managed Public Key Infrastructure (MPKI) Services, the VeriSign Trust Seal, the VeriSign Identity Protection (VIP) Authentication Service and the VIP Fraud Detection Service (FDS).Read More…

Aptec Holdings, a technology solutions distributor in the Middle East, Pakistan, Turkey & Africa, has entered into an exclusive distribution agreement with Applied Security (Apsec), an IT security solutions vendor specialising in PKI solutions, encryption and digital signature.Read More…

IT security vendor Symantec has announced it has completed its acquisition of PGP Corporation and GuardianEdge, two privately-held companies in the email and data encryption markets. The acquisition agreements between Symantec and PGP Corporation and GuardianEdge were announced on April 29, 2010. These acquisitions extend Symantec’s ability to help customersRead More…

ADAOX Middle East, the regional business development centre of ESET NOD32 Antivirus, recently signed a retail distribution agreement with KMG Technology in Egypt further strengthening ESET’s presence across the region. KMG Technology, which is a specialised IT security distributor in Egypt, will promote ESET’s security solutions by providing an expertRead More…

Security solutions developer, McAfee, plans to include a common policy across all components of its data loss prevention (DLP) solution to include database crawling, easier workflow through the McAfee ePolicy Orchestrator platform and greatly improved support for Microsoft Active Directory. Until now, the DLP customer has had to endure suchRead More…

Kaspersky Lab, the secure content management solutions developer, which is 100% channel driven, has launched an English version of its IT security website, Securelist.com. Seen as an additional sales and support tool for existing and prospective customers, the new website contains all the latest information about what Internet threats areRead More…

Kurup said inspite of the current recessionary market conditions where companies are scaling back operations, Paramount is expanding its regional presence as it believes that there is a continuous and increasing need for IT security.Read More…

After 15 years of a business model based largely on driving customers to its Web site, AVG Technologies is now creating a physical presence in the region, with a local area manager supporting its chain of channel partners across the region. The main reason, explains Gareth Williams, VP Emerging Markets,Read More…