Tuesday, November 03, 2009

Security Firm M86 Acquires Finjan

Elinor Mills writes on C|Net News:

The security industry consolidation continues.

Web and e-mail security provider M86 Security was set to announce on Tuesday the acquisition of Finjan.

Finjan brings to the table a secure Web gateway product and software-as-a-service solutions, M86 said in a statement. Under the merger, which is effective immediately, Finjan will maintain a development center and operations in Netanya, Israel.

U.S.-based Finjan SW will remain an independent company to retain its malware detection intellectual property, according to a statement.

M86 was created a year ago with the merger of Marshal and 8e6. In March 2009, the combined company acquired behavioral malware detection company Avinti.

More here.


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