McAfee, the computer and software security company has recently acquired Trust Digital, a company that provides security software to mobile phones.
Trust Digital provides enterprise smartphone security and management for government organizations as well as several companies. Many IT organizations use Trust Digital to secure and manage their inventory of smartphones.
It's been a tough year for McAfee. In the latest quarter, the company's profits fell by 30%. Part of the reason was lackluster follow-through from the sales organization. But of course, McAfee also suffered from a botched anti-virus update that crashed some customers' computers.
With the acquisition, McAfee is looking to boost its offerings, specifically integrating Trust Digital’s policy and device management into its ePolicy Orchestrator product. The company is looking to target the larger smartphone market by supporting mobile operating systems including iPhone, Android, WebOS, Windows Mobile, and Symbian. In a statement, Trust Digital CEO Mark Shull, said:
Business users are thrilled by the capabilities of iPhones, smartphones and tablets and are quickly adopting them as their handheld computers, but their IT counterparts must now find tools to effectively secure and manage them. The integration of Trust Digital with McAfee will enable enterprises to rapidly deploy new mobility devices such as smartphones across diverse mobile environments cost effectively and with the highest level of security. Together, we will enable IT to say yes to the iPhone and Android.
McAfee plans to use Trust Digital’s technology to help businesses secure and deploy applications on smartphone devices. Smartphone security is a hot topic right now, especially with a number of companies raising considerable amounts of money to scale security operations as businesses look beyond the BlackBerry.
The companies said they expect the acquisition to close by June 30.
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