McAfee Looks to Cloud with Skyhigh Acquisition

McAfee agrees to buy CASB provider Skyhigh Networks, demonstrating a strong focus on cloud security.

McAfee plans to acquire cloud access security broker (CASB) provider Skyhigh Networks, the company announced today. The move is intended to expand McAfees portfolio and strengthen its focus on cloud security as more businesses move their data to the cloud.
It has been less than eight months since McAfee spun off from Intel and reestablished itself as a stand-alone company. By teaming up with Skyhigh, it plans to grow and advance its security architecture to span both endpoint and cloud control points, connected by the security operations center.
Skyhighs system monitors activity across SaaS, PaaS, and IaaS environments. The company also offers threat detection, automation of cloud-based policy violations, and data protection for data that persists inside and outside the cloud. While McAfee will benefit from Skyhighs technology, the CASB company will broaden its reach through McAfees global base and deep product portfolio.
The existing organizational structure of Skyhigh will generally stay the same. CEO Rajiv Gupta will join McAfee CEO Chris Young, and his leadership team, to run McAfees new cloud business unit.
Terms of the agreement were not disclosed. Read more details
here
.
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McAfee Looks to Cloud with Skyhigh Acquisition