Posted by: Marcia Savage
McAfee, mobile security, Security Vendor News
McAfee to offer location, locking and wipe technology via acquisition.
In what’s turning out to be a busy week for acquisitions in the security market, McAfee on Thursday said it signed a deal to acquire tenCube, a provider of a mobile security service that allows users to remotely control their phones in the event they are lost or stolen.
McAfee said adding tenCube’s WaveSecure locate, lock, backup and wipe technology will allow it to expand its existing mobile security portfolio beyond antimalware, data protection and Web security. With the addition, McAfee said it will have a single platform to address the management and security of all device types for both the enterprise and consumer markets.
The WaveSecure service allows users to remotely locate a phone if it’s lost, and to remotely lock it or wipe it in the event it’s stolen.
Earlier this week, Juniper Networks moved to acquire SMobile Systems, a provider of security software for mobile devices, for about $70 million in cash. Also, Commtouch, an OEM supplier of messaging and Web security, said it will acquire the Command antivirus division of Authentium.
Terms of the McAfee deal were not disclosed. TenCube is primarily located in Singapore.
The acquisition comes two months after McAfee announced that it was buying Trust Digital, a supplier of management and security software for mobile devices such as smartphones.