McAfee to acquire Reconnex
McAfee, Inc. has reported that it will acquire privately owned Reconnex, maker of data protection appliances and software.
The company expects to close the $46 million cash acquisition by the end of September this year.
Founded in 2003, Reconnex is the leader in data loss prevention for organizations-including enterprises, government agencies, or educational institutions-that want to protect their brand, maintain compliance, and secure sensitive information.
McAfee said Reconnex will allow it to deploy data loss protection systems faster and offer customers better security bundles. The company expects to rename the Reconnex iGuard Appliance and inSight Console products sometime around year's end.
Reconnex is McAfee's second DLP acquisition. In 2006 it bought Onigma, an early maker of similar type of software.
