Business Services Industry
California Software Firm McAfee to Acquire Network General.(Originated from San Jose Mercury News, Calif.)
Knight Ridder/Tribune Business News, October, 1997 by Wilson, David L.
Oct. 14--McAfee Associates Inc., the Santa Clara company best known for its anti-viral software, announced it will acquire Menlo Park's Network General Corp., which makes computer network management tools, in a stock trade valued at $1.4 billion. The two companies will merge to form Network Associates Inc.
The deal is unusual because of its size, the eighth largest in Silicon Valley history. But it's consistent with McAfee's recent strategy and acquisitions of creating a one-stop shop for corporations seeking security for their computer networks.
McAfee is one of the leaders in distributing software designed to identify and eliminate viruses before they can damage data stored on computers. It also sells other products designed to prevent...
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