PaaS global security software company McAfee has made its first acquisition since spinning out of Intel , with the purchase of cloud security specialist Skyhigh Networks . ’s current roster of customers. Although no financial details were revealed, Skyhigh was valued at 4.2bn following a recent funding round. McAfee CEO Chris Young praised the firm's cloud access security broker product, dubbed by analysts as " two of the fastest-growing areas of information security investments of the past five years ". McAfee was valued at $ 4.2bn at the time it separated from Intel in the past five years .
PaaS global security software company McAfee has made its first acquisition since spinning out of Intel , with the purchase of cloud security specialist Skyhigh Networks . Although no financial details were revealed, Skyhigh was valued at 4.2bn following a recent funding round. McAfee CEO Chris Young praised the firm's cloud access security broker product, dubbed by analysts as " two of the fastest-growing areas of information security investments of the past five years ". McAfee was valued at $ 4.2bn at the time it separated from Intel in the past five years .