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.