McAfee announced plans July 29 to acquire mobile security vendor TenCube in
a continued push by the company to expand its capabilities for mobile devices.
The
move, made for an undisclosed sum, is the second purchase in the area of mobile
security that McAfee has made in the past few months. In June, the security
vendor closed on its acquisition
of Trust Digital, which brought the company's mobile management and
security tools into the McAfee fold.
This
latest acquisition is focused on TenCube's WaveSecure service, which includes
remote locate, lock, backup and wipe technology that allows users to find and
secure lost phones. According to McAfee, the phone will also automatically go
into lock-down mode if it is used with an unauthorized wireless account and
will inform a user's emergency contact of its location. In addition, WaveSecure-locked
phones show a permanent message on the screen explaining how to return the
phone to its owner.
McAfee
said it also plans to offer a child-locator service based on the WaveSecure
technology.
"There
has been a tremendous amount of innovation in the past year with smartphones
and other mobile devices, which really puts McAfee at a tipping
point," Todd Gebhart, executive vice president of consumer, mobile and
small business at McAfee, said in a statement. "With our more than 20
years of expertise in securing the endpoint, nearly a decade of experience
securing mobile devices and a vast partner ecosystem, we are well positioned to
out innovate and deliver the broadest mobile platform available."
McAfee
said it expects the deal to close in August.
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