NAI sells Sniffer line, changes name to McAfee

Network Associates Inc. Thursday announced plans to sell its Sniffer network management technology in a US$275 million cash deal and rename the company McAfee Inc., in line with its plans to focus on security.

Sniffer, a name synonymous with network management, will be sold to Silver Lake Partners and Texas Pacific Group, two private equity firms that intend to form a stand-alone company under the name Network General Corp. The original Network General was founded in 1986 and was acquired by McAfee Associates in 1997 to create Network Associates. The new Network General will focus exclusively on network and application performance products, and the Sniffer employee base and management team will join that company.

"We intend to increase investment in the strong Sniffer Technologies base. We are committed to a smooth transition," Ken Hao, a managing director at Silver Lake Partners, said in a statement.

Network Associates said in a statement the newly named McAfee, Inc. will focus its efforts on its two security product lines: McAfee System Security Technologies and McAfee Network Security Technologies. The business will consists of the enterprise anti-virus and intrusion prevention security technologies.

According to preliminary financial reports from the company, Network Associates announced first-quarter earnings of US$0.32 per share and sales of US$217 million. The newly named McAfee grew 11 percent year over year in revenue, while bookings grew 32 percent year over year.

The name change will take effect after it closes the sale of its Sniffer operations, expected in the third quarter.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Denise Dubie

Network World
Show Comments

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?