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McAfee buys PGP Inc.




http://www.pgp.com/newsroom/prel47.cgi

Network Associates (formerly known as McAfee) is buying PGP Inc.

Network Associates Acquires Pretty Good Privacy (PGP)

Network Associates Extends Enterprise Offerings with Leading Security Software 

SANTA CLARA, Calif., Dec. 1, 1997
Network Associates, Inc. Nasdaq: NETA, commencing Dec. 2), 
formerly McAfee Associates (Nasdaq: MCAF) 
announced today that it has a signed a definitive agreement 
to acquire privately-held Pretty Good Privacy, Inc. (PGP).
The PGP acquisition extends Network Associates' network security
and management software products with the leading applied
cryptographic security solutions for protecting corporate assets 
and enabling secure electronic communication.