McAfee to acquire Hacker Safe's owner ScanAlert

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McAfee to acquire Hacker Safe's owner ScanAlert

10-31-2007, 09:03 AM,

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mandy Offline

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McAfee to acquire Hacker Safe's owner ScanAlert

Quote: Security technology firm McAfee Inc. has agreed to acquire ScanAlert Inc., provider of the Hacker Safe seal that certifies the security of e-commerce sites. More than 60% of the 500 largest online retail sites as identified by Internet Retailer display the Hacker Safe seal, McAfee says.

McAfee will pay approximately $51 million in cash and up to $24 million more if performance targets are met. Privately held ScanAlert is expected to generate $15 million to $20 million in revenue this year, McAfee says. The deal is expected to close in the first quarter of 2008...

full article: http://www.internetretailer.com/dailyNews.asp?id=24233

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