Security technology company McAfee has agreed to acquire Trust Digital, which provides software that helps businesses secure and manage their mobile phones. It's a move that will help McAfee – best known for its anti-virus software – to move further into the mobile space.
Dave DeWalt, McAfee President and CEO, said "The acquisition of Trust Digital’s industry-leading enterprise mobility management solutions will extend the current McAfee security portfolio beyond the traditional endpoint, addressing the rapidly expanding mobile security market. Once completed, Trust Digital's industry-leading enterprise mobility management solutions, combined with leading McAfee anti-virus, anti-spyware, host intrusion prevention, policy auditing, and firewall technologies, will enable McAfee to address the mobile workforce by mitigating the risks associated with vulnerable or malicious mobile applications downloaded by employees. Through this acquisition, we believe McAfee can expand its reach into new markets, secure new platforms, and strengthen its leadership position."