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BMC Software Buys Network Associates Unit for $47 Million

Écrit par

Dec 15, 2003

1 minute read

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Network Associates Inc. said it agreed to sell its help-desk software unit, Magic Solutions, to BMC Software Inc. for $47 million as part of an effort to focus on its core network security business. Magic Solutions accounted for about $14.4 million, or 6 percent, of the companys third-quarter revenue of $226.9 million. Network Associates, best known for its McAfee antivirus software, has seen its performance lag its main rival in the high-growth security business, Symantec Corp.

Read the full story at Mercury News

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