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McAfee, Inc. Completes Acquisition of Citadel Security Software Inc.
Citadel Technology Strengthens Existing Compliance Offerings and Rounds Out McAfee Security Risk Management Portfolio
SANTA CLARA, Calif., Dec. 4 /PRNewswire-FirstCall/ McAfee, Inc. (NYSE: MFE) today announced that it has completed the acquisition of substantially all the assets of Citadel Security Software Inc. The acquisition of Citadel is a key component of McAfee's security risk management strategy, which allows customers to turn policy into action by automatically enforcing compliance.
With the close of the Citadel transaction, McAfee can offer its customers a leading solution in security policy compliance and vulnerability remediation through its security risk management portfolio of products. McAfee will work to immediately integrate Citadel's vulnerability assessment, policy compliance enforcement and remediation technology into its suite of existing products, including McAfee ePolicy Orchestrator®, McAfee Preventsys® Compliance Auditor and Risk Analyzer, McAfee Policy Enforcer and McAfee Foundstone® Enterprise.
McAfee enables customers to demonstrate compliance with industry regulations and internal policies, reducing the risks associated with vulnerable systems by automatically fixing them. By automatically resolving compliance issues, customers achieve better operational efficiency and improved accuracy.
"Citadel delivers an added layer of security that helps us continue to develop the next generation of real-world security solutions that our customers are demanding," said Chris Kenworthy, senior vice president of worldwide marketing, McAfee, Inc. "With the close of this acquisition, McAfee is the first and only company to integrate threat prevention with compliance management, and deliver it within a single console. Simply put, we make customers' lives easier and protect their investments."
About McAfee, Inc.
McAfee Inc., the leading dedicated security technology company, headquartered in Santa Clara, California, delivers proactive and proven solutions and services that secure systems and networks around the world. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector, and service providers with the ability to block attacks, prevent disruptions, and continuously track and improve their security.www.mcafee.com
Forward-Looking Statements
This release contains forward-looking statements including those regarding the effect of the acquisition on McAfee's security risk management capabilities, anticipated product development and integration efforts, the anticipated benefits of the acquisition to McAfee's customers and the belief that the acquisition will extend the market for Citadel's solutions. Actual results may vary, perhaps materially, from those contained in the forward- looking statements and the expected results may not occur. In addition, actual results are subject to other risks, including that McAfee may not succeed in its efforts to grow its business, build upon its technology leadership or capture market share, notwithstanding related commitment or related investment. More information on risks and uncertainties related to McAfee and its business may be found in the company's quarterly and annual reports filed with the United States Securities and Exchange Commission (SEC).
NOTE: McAfee, VirusScan, AntiSpyware, ePolicy Orchestrator, ePO, and SiteAdvisorare registered trademarks or trademarks of McAfee, Inc. and/or its affiliates in the US and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. All other registered and unregistered trademarks herein are the sole property of their respective owners.
SOURCE McAfee, Inc.
