ITMcAfee Acquires Onigma for $20 MillionAuthored by dmw on October 16, 2006 - 12:29pm.
Santa Clara, Calif. - McAfee, the larger maker of Internet security products, said on Monday that it has acquired Israeli data protection software maker Onigma for $20 million in cash. Onigma's technology is designed to monitor, report and prevent confidential data from leaving an organization. Christopher Bolin, McAfee's CTO, said that the deal will allow his company to offer clients protection against the loss of confidential data and intellectual property. The deal follows last week's retirement of George Samenuk as McAfee's chairman and CEO, and the termination of Kevin Weiss as its president following an internal probe into e company's stock option practices.
IT Companies Worst Software Pirates in U.K., Report SaysAuthored by Mark Hefflinger on February 2, 2004 - 1:57am.
London -- According to a new study by the Business Software Alliance (BSA), IT companies are ironically England's worst offenders when it comes to software piracy. The BSA said that out of the 50 settlements made with the group last year, 12 were made by IT firms, nearly a quarter of the total. The BSA's Northern Europe manager Siobhan Carroll said that the alliance was "particularly unhappy to see the lack of diligence within the IT sector", adding that, of all sectors, the IT sector should realise the "effect of piracy on software innovation and the development of the IT sector as a whole".
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