McAfee completes acquisition of NitroSecurity of Portsmouth

PORTSMOUTH — McAfee on Wednesday completed its acquisition of privately owned NitroSecurity of Portsmouth, a leading provider of security information and event management solutions that offers complete visibility and situational awareness to protect critical information and infrastructure.

NitroSecurity’s products use a patented database engine to identify, correlate and address threats faster than other technologies on the market. The acquisition enables McAfee to provide organizations with greater visibility into endpoint assets, network infrastructure, specific security threats and risks, and system vulnerabilities across the entire IT environment — via a single management platform.

The acquisition of NitroSecurity gives McAfee a foothold into the rapidly growing SIEM market, which hit $987 million in 2010, according to Gartner, a leading information technology research and advisory company.

“With NitroSecurity’s technology and talent, McAfee can expand its reach into new markets, secure new platforms, and strengthen its hold as the leader in the security risk management market,” said Stuart McClure, general manager and senior vice president of the risk and compliance business unit at McAfee.

Ken Levine, chairman and CEO of NitroSecurity, said NitroSecurity’s technologies are a natural fit with the McAfee security portfolio.

“NitroSecurity’s technology supports a broad range of information sources, including network security devices, firewalls, operating system and application logs, vulnerability assessment scans, identity and access management systems, and privacy systems,” he said.

SIEM technology provides real-time analysis of security alerts generated by network hardware, system events and applications, and it is used to log security data and generate reports for compliance purposes. NitroSecurity is a member of the McAfee Security Innovation Alliance, and its SIEM technology has already passed integration testing with the McAfee ePolicy Orchestrator management console.

NitroSecurity’s corporate headquarters are located at 230 Commerce Way.

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