In the case of Skyhigh, McAfee – whose legacy business is in endpoint security – is specifically acquiring the company for that cloud expertise.
“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,” Chris Young, CEO of McAfee, said in a statement.
“They pioneered an entirely new product category called cloud access security broker 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.”
“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.”
It ought to be interesting to see how McAfee integrates Skyhigh solutions into their existing product portfolio.
Disclaimer: I work for McAfee.