McAfee to Buy Trust Digital for Mobile Security
McAfee announces an agreement to buy Trust Digital in a mobile security play. Trust Digital designs security and management solutions for smartphones, including the iPhone and Android.McAfee May 25 announced plans to acquire mobile security provider Trust Digital to bolster its ability to address the iPhone OS, Google Android and other mobile operating systems. "The acquisition is expected to close by June 30," McAfee said. Trust Digital "provides a Web services platform to manage and secure smartphones and mobile tablet devices." By purchasing Trust Digital, McAfee is combining "Trust Digital's enterprise mobility management solution with McAfee's endpoint protection capabilities" and expanding its footprint in mobile security at a time when the need to manage security for mobile devices continues to grow.
"The acquisition of Trust Digital's industry-leading enterprise mobility management solutions will extend the current McAfee security portfolio beyond the traditional endpoint, addressing the rapidly expanding mobile security market," McAfee CEO Dave DeWalt said in a statement.