In an effort to extend its offerings in the mobile space, McAfee, Inc. (NYSE:MFE) today announced that it has entered into a definitive agreement to acquire Trust Digital, a privately held provider of enterprise mobility management and security software. 
Trust Digital targets Global 2000 companies to deliver mission critical data to mobile devices such Apple iPhones and iPads. McAfee expects that Trust Digital’s strong foot-hold in the mobile security market will extend McAfee’s endpoint market, addressing a wide range of mobile operating systems including iPhone OS, Android, Web OS, Windows Mobile, and Symbian.
With the acquisition, McAfee plans to combine Trust Digital’s enterprise mobility management solution with McAfee’s endpoint protection capabilities to deliver a comprehensive mobile security solution with centralized management and reporting.
Rapid adoption of smartphones has changed how users in industries like healthcare, pharmaceutical and financial services work. Secure, immediate access to critical information on mobile applications is a core component enabling a productive workforce. Enterprises want to increase revenues, profits and productivity through empowering their workforce, without compromising their security.
“The acquisition of Trust Digital’s industry-leading enterprise mobility management solutions will extend the current McAfee security portfolio beyond the traditional endpoint, addressing the rapidly expanding mobile security market,” said Dave DeWalt, president and chief executive officer, McAfee.
Trust Digital’s enterprise mobility management for smartphones provides a Web services platform to manage and secure smartphones and mobile tablet devices regardless of device manufacturer. This robust management platform addresses the nuances of smartphone technology while also providing tools similar to those used by IT to manage and secure laptops and desktops.
“Business users are thrilled by the capabilities of iPhones, smartphones and tablets and are quickly adopting them as their handheld computers, but their IT counterparts must now find tools to effectively secure and manage them,” said Mark Shull, chief executive officer, Trust Digital. “The integration of Trust Digital with McAfee will enable enterprises to rapidly deploy new mobility devices such as smartphones across diverse mobile environments cost effectively and with the highest level of security. Together, we will enable IT to say yes to the iPhone and Android.”
The terms of the acquisition were not disclosed. The transaction is expected to close by June 30 of 2010.
More details are available at: http://www.mcafee.com/us/about/corporate/mcafee_trustdigital.html
