McAfee buys Safeboot, enterprise mobile security co., for $350M
McAfee, the Santa Clara, Calif. security software company, said it has agreed to acquire privately owned Dutch company, SafeBoot B.V., for $350 million in cash.
SafeBoot provides software to protect mobile entreprise data with encryption and access controls.
The statement is here.
Summit Partners appears to have done well. It bought a majority stake in SafeBoot two years ago for about $47 million.
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Tags: co:McAfee, co:Safeboot, deal, inv:Summit-Partners
