McAfee and Skyhigh Networks have announced a definitive agreement to combine businesses, with McAfee acquiring Skyhigh Networks for an undisclosed amount. The move comes less than eight months after McAfee established itself as one of the world\u2019s leading pure-play cybersecurity companies, dedicated to being the preferred cybersecurity partner to customers.<\/p>\n
Skyhigh Networks and McAfee will complement each other\u2019s portfolio and mission, allowing customers to modernise their cybersecurity environments and protect their most valuable asset \u2013 data \u2013 as it moves to the cloud. The combination of McAfee and Skyhigh will establish the leading company to provide the cybersecurity architecture of the future, with endpoint and cloud as the critical control points, linked by the security operations centre with actionable threat intelligence, analytics and orchestration, and enabled by an open ecosystem.<\/p>\n
Skyhigh Networks CEO, Rajiv Gupta, will join McAfee CEO Chris Young\u2019s leadership team to run McAfee\u2019s new cloud business unit. Skyhigh\u2019s existing organisational structure will remain generally intact, ensuring continuity for customers and partners. At the same time, Skyhigh will benefit from McAfee\u2019s global scale and integrations to McAfee\u2019s broad and deep product portfolio to even better protect customers.<\/p>\n
\u201cSkyhigh 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,\u201d Young stated. \u201cThey pioneered an entirely new product category called cloud access security broker (CASB) that analysts describe as one of the fastest growing areas of information security investments of the last five years \u2013 where Skyhigh continues to innovate and lead. Skyhigh\u2019s leadership in cloud security, combined with McAfee\u2019s security portfolio strength, will set the company apart in helping organisations operate freely and securely to reach their full potential.\u201d<\/p>\n
Skyhigh Networks\u2019 innovative portfolio provides complete visibility into content, context, and user activity across SaaS, PaaS and IaaS environments; leads the market in advanced controls and automation to correct policy violations in cloud services; leverages data science and network effects across billions of events to identify and stop threats; applies protection to data that persists in the cloud or outside the cloud; and delivers an extensible platform for cloud providers to enable Skyhigh controls for their SaaS applications, and enterprises to enable controls for custom applications developed in-house.<\/p>\n
\u201cBecoming part of McAfee is the ideal next step in realising Skyhigh Networks\u2019 vision of not simply making the cloud secure, but making it the most secure environment for business,\u201d Gupta said. \u201cMcAfee will provide global scale to further accelerate Skyhigh\u2019s growth, with the combined company providing leading technologies and solutions across cloud and endpoint security \u2013 categories Skyhigh and McAfee respectively helped create, and the two architectural control points for enterprise security.\u201d<\/p>\n
Young posted an open message to company stakeholders with Gupta doing the same, each providing additional evidence of the company\u2019s combined value upon transaction close, expected shortly after completing certain regulatory approvals and satisfying customary closing conditions. \t<\/p>\n","protected":false},"excerpt":{"rendered":"
McAfee and Skyhigh Networks have announced a definitive agreement to combine businesses, with McAfee acquiring Skyhigh Networks for an undisclosed amount. The move comes less than eight months after McAfee established itself as one of the world\u2019s leading pure-play cybersecurity companies, dedicated to being the preferred cybersecurity partner to customers. Skyhigh Networks and McAfee will […]<\/p>\n","protected":false},"author":23,"featured_media":16203,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[182,5,399,262],"tags":[22,388,668,428,669,1303,441,672],"class_list":["post-16198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-enterprise-security","category-more-news","category-used","tag-cloud","tag-cybersecurity","tag-enterprise-security-2","tag-iaas","tag-mcafee","tag-paas","tag-saas","tag-skyhigh-networks"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/16198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=16198"}],"version-history":[{"count":0,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/16198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/16203"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=16198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=16198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=16198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}