Acquires Solidcore Systems for $33,000,000

  • Feed Type
  • Date
    5/15/2009
  • Company Name
    Solidcore Systems
  • Mailing Address
    20863 Stevens Creek Blvd. Cupertino, CA 95014
  • Company Description
    Solidcore empowers organizations to get control of IT change, and channel it to drive improvement in IT services and bring greater efficiency to their infrastructure.
  • Website
    http://www.solidcore.com
  • Transaction Type
    M&A
  • Transaction Amount
    $33,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    McAfee, Inc. (NYSE:MFE) today announced a definitive agreement to acquire privately owned Solidcore Systems, Inc. for approximately $33 million in cash up front and with an earn-out of up to an additional $14 million if certain performance targets are met.