McAfee is celebrating its liberation from the claws of Chipzilla by writing a cheque for Skyhigh Networks.
Skyhigh Networks is a cloud access security broker (CASB). For those who don’t know CASB is supposed to be a hot ticket, at least according to Gartner. Oracle, Forcepoint, Cisco and Blue Coat all making CASB acquisitions.
Skyhigh CEO Rajiv Gupta will join McAfee’s leadership team, and its organisational structure will “remain intact”, according to McAfee.
McAfee CEO Chris Young said: “Skyhigh Networks had the foresight five years ago to realise that cybersecurity for cloud environments could not be an impediment to, or afterthought of, cloud adoption.
“It pioneered an entirely new product category called cloud access security broker that analysts describe as one of the fastest-growing areas of information security investments of the last five years – where Skyhigh continues to innovate and lead. Skyhigh’s leadership in cloud security, combined with McAfee’s security portfolio strength, will set the company apart in helping organisations operate freely and securely to reach their full potential.”
McAfee became an independent outfit again eight months ago after Intel span out its security assets to PE house TPG Capital.
