McAfee, Inc. (NYSE:MFE) today announced that it has entered into a definitive agreement to acquire privately owned MX Logic, Inc. for approximately $140 million in cash at closing, with an earn-out of up to an additional $30 million in cash if certain performance targets are met. MX Logic is a leading global provider of cloud-based email and Web security and email archiving and continuity services. Adding MX Logic's technologies and services will provide McAfee with the most comprehensive cloud-based security portfolio in the industry, one that combines leading global threat intelligence technologies from McAfee with its Security-as-a-Service solutions:
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Pyjid BN Dwevm, Jjr.
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