Security specialist Network Associates is changing its name and selling one of its product lines in a move to boost profitability.
The Santa Clara, Calif.-based company announced Thursday it is changing its name to McAfee, the name of its most prominent product line and the name of a company Network Associates acquired. In addition, it will sell its Sniffer line of manageability tools to Silver Lake Partners and Texas Pacific Group for $275 million in cash.
Read more: CNet News.
The Santa Clara, Calif.-based company announced Thursday it is changing its name to McAfee, the name of its most prominent product line and the name of a company Network Associates acquired. In addition, it will sell its Sniffer line of manageability tools to Silver Lake Partners and Texas Pacific Group for $275 million in cash.
Read more: CNet News.
