Dave's Shopping Spree — McAfee's acquisition of MX Logic makes this the second anti-spam acquisition for McAfee - the first one occurred when McAfee acquired the CipherTrust product line as part of its acquisition of Secure Computing. Secure claimed to have its own SaaS offering and if left to its own devices probably would have tried to grow the business organically but McAfee apparently couldn't wait. Symantec made three acquisitions in this space (BrightMail, TurnTide and MessageLabs). Cisco might have a shoe or two to drop in the anti-spam SaaS arena. Since he was hired in March, 2007 McAfee's Dave DeWalt has spent over a billion dollars on seven acquisitions which completely reshape McAfee's security offerings and puts more McAfee branded security products out into channel. That works out to roughly $1.3M daily since he took over. McAFee ended 2007 with $1.3B in cash. That's now come down to $594M so there might not be room for any more major deals. And then there are the HP rumors which pop up regularly. Hopefully, some of its acquisitions will start paying off.
Dave DeWalt's Shopping Spree
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