Menu
McAfee reaches for the cloud with Skyhigh Networks acquisition

McAfee reaches for the cloud with Skyhigh Networks acquisition

McAfee’s first acquisition since being spun out of Intel earlier this year sees the company take a tilt at the cloud

Security software vendor, McAfee, has set its sights well beyond its legacy endpoint focus, and is aiming for the cloud with its move to acquire cloud security specialist, Skyhigh Networks.

The companies announced on 27 November that they had struck a definitive agreement to combine their businesses for an undisclosed amount.

The move comes roughly eight months after McAfee was spun out from its former parent company, Intel, which divested its majority holdings in the cyber security vendor to investment firm, TPG, for US$3.1 billion.

Skyhigh Networks’ CEO, Rajiv Gupta, will join the McAfee leadership team to run the vendor’s new cloud business unit as part of the proposed deal.

Skyhigh’s existing organisational structure, meanwhile, is expected to remain generally intact. At the same time, McAfee said that Skyhigh will benefit from its global scale and integrations to McAfee’s broad and deep product portfolio.

For McAfee CEO, Christopher Young, the acquisition of Skyhigh, which is yet to meet regulatory approvals and satisfy various closing conditions, represents a chance for the company to position itself as the provider of the “cybersecurity architecture of the future”, with endpoint and cloud as critical control points.

“Nearly eight months ago, McAfee became one of the world’s largest pure-play cybersecurity companies. At that time, I committed to our customers, partners and employees that we would be a company focused on innovation and growth with a singular pledge of keeping the world safe from cyber threats,” Young said in a blog post.

“Today, we continue the journey by announcing that McAfee will acquire Skyhigh Networks, the worldwide leader in the cloud access security broker (CASB) market segment. Skyhigh is an ideal complement to McAfee’s strategy – one focused on building and optimising mission-critical cybersecurity environments for the future.

“Cloud security has historically been an afterthought of, or impediment to, cloud adoption. With customers’ most valuable asset, data, increasingly finding residence in the cloud, it’s time security move to the forefront,” he said.

According to Young, Skyhigh Networks envisions a world where the cloud is not only secure, but the most secure environment for business.

“McAfee is placing our bets on where we believe those environments are best modernised – where endpoint and cloud serve as the architectural control points linked by the security operations centre with actionable threat intelligence, analytics and orchestration, and enabled by an open ecosystem,” he said.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags CloudsecurityendpointsoftwaremcafeeSkyhigh NetworksChristopher Young

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments