In what analysts have described as the company’s biggest transformation ever, security giant Network Associates sold the Sniffer network protection product line this week to orient its focus on antivirus, intrusion prevention, research and its consumer business — changing its name to McAfee in the process. The deconsolidation and reorganization is among the final divestment moves of a company that has gobbled up security units from other companies and has taken on other business strategies during the Internet boom.
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Network Associates Shifts Gears with McAfee Name Change
Posted by: Jay Lyman April 23, 2004 10:52 AMIn what analysts have described as the company’s biggest transformation ever, security giant Network Associates sold the Sniffer network protection product line this week to orient its focus on antivirus, intrusion prevention, research and its consumer business — changing its name to McAfee in the process. The deconsolidation and reorganization is among the final divestment moves of a company that has gobbled up security units from other companies and has taken on other business strategies during the Internet boom.