McAfee, Inc.: "McAfee Inc. To Acquire Foundstone, Inc. For $86 Million In Cash Combined Companies To Offer Market's First Dynamic Risk Management and Mitigation Solutions SANTA CLARA, Calif., August 16, 2004 McAfee, Inc. (NYSE: MFE), the leading provider of intrusion prevention solutions, today announced a definitive agreement to acquire Foundstone, Inc., the leader in vulnerability management, for $86 million in cash, less various adjustments. Together the companies will offer organizations and government agencies the market's first comprehensive solution to help protect IT infrastructure and optimize business availability in a dynamic risk environment."
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Big news in the security industry today....and some telling numbers regarding the expected growth of the computer security industry:
"According to industry research firm IDC, the vulnerability assessment and management (VA&M) and intrusion detection market is expected to experience increasing growth over the next few years, reaching $1.6 billion by 2008. The most significant growth is expected during the next three years."
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