Fergie's Tech Blog

McAfee to Acquire Citadel Security for $60 Million

Dawn Kawamoto writes on C|Net News:

McAfee announced on Tuesday a $60 million deal to acquire Citadel Security Software, as the former seeks to expand its efforts in the regulatory-compliance market.

With its Citadel acquisition, McAfee aims to bolster its regulatory compliance, remediation and vulnerability assessment suite--a goal it has been working toward with acquisitions of companies such as Preventsys.

Citadel develops software designed to automate the process of complying with regulatory requirements such as the Sarbanes-Oxley Act and the Health Insurance Portability and Accountability Act, or HIPAA. The company's products range from patch management to security policy to vulnerability remediation technologies.

posted by Fergie @ 10/03/2006 09:57:00 AM