By Matt Hines, 13 January 2005 16:35
NEWS Security software maker McAfee has announced that it has reached an agreement to sell its research division to Sparta, a consultancy that specialises in IT systems defence services.
McAfee said it decided to sell the research unit based on the division's gradual shift away from studying information commonly available to the public and toward investigating issues that delve into classified data.
McAfee Research counts among its customers organisations such as the Defense Advanced Research Projects Agency, the Advanced Research and Development Activity of the national intelligence community, the National Security Agency and the Army Research Laboratories.
Executives at McAfee also said the sale, whose terms have not yet been released, would help the company further streamline its business and move the software maker closer to its target of a 25 per cent pro forma operating margin by June 2005. The company said it will remain committed to conducting malicious code and vulnerability research through its McAfee Anti-virus and Vulnerability Emergency Response Team (AVERT).
For its part, McAfee Research conducts computer and network security research focused on intrusion prevention, malicious code defence, security policy and management, high-performance assurance and forensics and other IT-related threats. Upon closing the deal, McAfee said the research group will become a part of Sparta's information assurance business.
The companies said they expect the deal to be finalised in the next 90 days.
Matt Hines writes for CNET News.com
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