McAfee posts 26 per cent growth - PC Retail

McAfee posts 26 per cent growth

Record quarterly revenue of $397 million
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Security firm McAfee has achieved 26 per cent growth for the second quarter of 2008, with revenue landing at $397 million.

Alongside the financial results, the firm has also announced the acquisition of data loss prevention firm Reconnex.

"We are very pleased with our strong execution in the second quarter across all geographies and target markets, further validating that our strategic approach is on the right track," said Dave DeWalt, McAfee's chief executive officer and president.

"We believe that continued commitment to driving McAfee's three primary initiatives - extending leadership in endpoint security; interlocking security for the endpoint, network and risk and compliance; and securing emerging platforms including virtual environments and the Web - will position the company for continued industry leadership and solid performance in the second half of this year."

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