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McAfee acquires cloud security firm Skyhigh Networks to establish itself as leader in endpoint and cloud cybersecurity 

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The global cybersecurity firm, McAfee, has acquired the cloud security specialist Skyhigh Networks, to offer customers the combined market-leading security on the endpoint and in the cloud.

While McAfee is a leader in cybersecurity, Skyhigh is a pioneer in the cloud access security broker (CASB) category. The security portfolio of Skyhigh offers visibility into content, context, and user activity across SaaS, PaaS and IaaS environments. It also provides automated correction to policy violations in cloud services, leveraging the data science to recognize and block threats across the cloud.

Cybersecurity has become one of the most important concerns for the enterprises today and with hacking becoming so mainstream, enterprises are not confident about moving their data to cloud. The joint solution of Skyhigh and McAfee will address this concern, modernize the cybersecurity environments, and secure the cloud with actionable threat intelligence, analytics and orchestration, and an open ecosystem.

Skyhigh Networks had the foresight five years ago to realize that cybersecurity for cloud environments could not be an impediment to, or afterthought of, cloud adoption,” said Chris Young, CEO, McAfee.

They pioneered an entirely new product category called cloud access security broker (CASB) that analysts describe as one of the fastest growing areas of information security investments of the last five years – where Skyhigh continues to innovate and lead. Skyhigh’s leadership in cloud security, combined with McAfee’s security portfolio strength, will set the company apart in helping organizations operate freely and securely to reach their full potential, he added.

As part of the deal, Skyhigh CEO Rajiv Gupta will join McAfee’s cloud business unit, while his company will get access to McAfee’s broad and deep product portfolio.

“Becoming part of McAfee is the ideal next step in realizing Skyhigh Networks’ vision of not simply making the cloud secure, but making it the most secure environment for business,” said Rajiv Gupta, CEO, Skyhigh.

McAfee will provide global scale to further accelerate Skyhigh’s growth, with the combined company providing leading technologies and solutions across cloud and endpoint security – categories Skyhigh and McAfee respectively helped create, and the two architectural control points for enterprise security, he further stated

This is McAfee’s first acquisition after it spun out from Intel as an independent company earlier this year. The financial terms of the deal were not disclosed.

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