McAfee To Buy Solidcore

By Mani Raj

McAfee announced an agreement on Friday, to buy Solidcore Systems - a company specializing in selling whitelisting technology.

Solidcore's whitelisting technology fights viruses, worms and other malwares. It allows only approved and pre-authorized software to run on servers, mobile devices and other computer systems.

Solidcore's products also help customers to protect ATM machines, cash registers and other systems used in the retail market. Its technology is used by 15,000 retail stores and more than 100 financial institutions.

Solidcore has experienced massive growth due to the growing need for its security technology. The company had a record earnings in the first quarter of 2009.

With the help of Solidcore, McAfee intends to combine dynamic whitelisting, application trust technology with its antivirus, antispyware, host intrusion prevention, policy auditing and firewall technologies.

Combining all these technologies together will dramatically reduce or in some cases even eliminate the damage caused to computers worldwide, by malicious applications like viruses, worms and malwares.

The buyout process is expected to be complete in the second quarter. McAfee has bought several companies over the past few years like Citadel Security last year, ScanAlert in 2007, Preventsys in 2006 and Foundstone in 2004.


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