In the summer of 2004, the company sold the Sniffer Technologies business to a venture capital backed firm named 'Network General' - the same name as the original owner of Sniffer Technologies. Also, the company changed its name back to McAfee to reflect its focus on security-related technologies.
Among other companies bought and sold by McAfee (formerly known as Network Associates) is Trusted Information Systems, which developed the Firewall Toolkit, which was the free software foundation for the commercial Gauntlet Firewall, which was later sold by McAfee to Secure Computing Corporation.
Network Associates, as a result of brief ownership of TIS Labs/NAI Labs/Network Associates Laboratories/McAfee Research, was highly influential in the world of Open Source software, as that organization produced portions of the Linux, FreeBSD, and Darwin operating systems, and developed portions of the BIND name server software and SNMP version 3.
Leading up to the TIS Labs acquisition, McAfee had acquired Calgary, Alberta Canada-based FSA Corporation, which helped the company diversify its security offerings away from just client-based antivirus software by bringing on board its own network and desktop encryption technologies. The FSA team also oversaw the creation of a number of other technologies that were leading edge at the time, including firewall, file encryption, and public key infrastructure product lines.
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While those product lines had their own individual successes including PowerBroker, written by Dean Huxley and Dan Freedman and now sold by Symark Software), the growth of antivirus always outpaced the growth of the other security product lines. It is fair to say that the company remains best known for its antivirus and antispam product lines.
On June 9, 1998 Network Associates agreed to acquire Dr Solomon's Group P.L.C, the leading European manufacturer of Antivirus software, for $642 million in stock.
On April 2, 2003, McAfee acquired IntruVert Networks for $100 million.
According to Network World, "IntruVert's technology focus is on intrusion-prevention, which entails not just detecting attacks, but blocking them. The IntruVert product line can be used as a passive intrusion-detection system, just watching and reporting, or it can be used in the intrusion-prevention mode of blocking a perceived attack."
On April 5, 2006, McAfee bought out SiteAdvisor for a reputed $70 million in competition with Symantec, a service that warns users if downloading software or filling out forms on a site may obtain malware or spam.
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(http:www.sec.gov/news/press/2006-3.htm)
In October 2006 McAfee fired their president Kevin Weiss and their CEO George Samaneuk resigned under the cloud of a recent SEC investigation which also caused the departure of Kent Roberts, the General Counsel, earlier in the year. In late December 2006 both Weiss and Samaneuk had share option grant prices revised upwards by McAfee's board.
In January 2007 under pressure from ex-employees worldwide, several of which backed a class action in the US, McAfee agreed to honor share options granted but which are unable to be exercised due to the self-imposed blackout on employee options dealing.
On September 22, 2008, McAfee announced its intention to acquire Secure Computing.
The combined company will form the world's largest dedicated security company.
Naming rights
McAfee formerly had naming rights to the then named McAfee Coliseum, home of the Oakland Athletics baseball team in Oakland, California from 1997-2008. Controversy
On January 4th, 2006 the Securities and Exchange Commission filed suit against McAfee for overstating its 1998-2000 net revenue by $622 million. Without admitting any wrongdoing, McAfee simultaneously settled the complaint, and agreed to pay a $50 million penalty and rework its accounting practices. Also, McAfee site advisor gave a rating of "green" to the site of KiVVi software, the creator of MacSweeper, which was the first rogue for the Mac.
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