McAfee, Inc. (NYSE: MFE) today announced the execution of a definitive merger agreement to acquire Secure Computing Corporation (NASDAQ:SCUR) for $5.75 per common share in cash, without interest, representing an equity value for Secure Computing
Secure Computing to Acquire Securify
Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise gateway security company, today announced it has signed a definitive agreement to acquire Securify, a provider of identity-based monitoring solutions, for approximately $15 million plus an earn-out of up to $5 million. The purchase price is payable in cash or, at Secure Computing’s election, partially in shares of Secure Computing common stock. The acquisition is expected to close in the fourth calendar quarter of 2008, subject to certain closing conditions.