1. McAfee Acquires Skyhigh Networks
Purchase Price: Not Disclosed
McAfee in January purchased leading cloud access security broker Skyhigh Networks in January to establish a dominant position in both the endpoint and cloud cybersecurity markets.
The Santa Clara, California-based platform security vendor praised Campbell, Calif.-based Skyhigh for pioneering the CASB product category and for its foresight in realizing that cybersecurity should not be an impediment to cloud adoption. This deal was McAfee's first major acquisition since spinning off from Intel in April 2017.
Skyhigh Founder and CEO Rajiv Gupta joined McAfee's leadership team to run the company's new cloud business unit. The company's existing organizational structure remained generally intact to ensure continuity for customers and partners.