Network Associates, Inc., the leader in intrusion prevention solutions, announced that it has agreed to sell its Magic Solutions assets to BMC Software for $47 million in cash. Closing of the transaction is subject to customary conditions, including Hart-Scott-Rodino anti-trust clearance, and is expected in Q1 2004.
With headquarters in Santa Clara, California, Network Associates, Inc. creates best-of-breed computer security solutions that prevent intrusions on networks and protect computer systems from the next generation of blended attacks and threats. Offering two families of products, McAfee System Protection Solutions, securing desktops and servers, and McAfee Network Protection Solutions, ensuring the protection and performance of the corporate network, Network Associates offers computer security to large enterprises, governments, small and medium sized businesses, and consumers. For more information, Network Associates can be reached at (972) 963-8000 or on the Internet at http://www.networkassociates.com/.
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