Computer security company McAfee is paying $389 million for Stonesoft Oyj (Nasdaq OMX Helsinki: SFT1V).

Stonesoft, headquartered in Helsinki, Finland, develops network firewall products. McAfee expects the deal to strengthen its network security position. The company’s security offerings, including data protection and email security, are used by businesses and individuals.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.