PGP Inc Sold for $35M - News Flash

[Alan]

On Mon, 1 Dec 1997, Vin McLellan wrote:

> <News Alert, from C/Net's News.Com>
> 
> "PGP acquired by merged security software firm.
> 
> "Pretty Good Privacy, an encryption company foundered by crypto pioneer
> Phil Zimmermann, has been acquired by Network Associates, the result of the
> merger of McAfee Associates and Network General, which closed today.
> 
> "Network Associates will pay $35 million in cash  for PGP. "

Not good news.  As I remember McAfee was one of the "Key Recovery Aliance
Partners".  

"Everyoner has their price." - Guy Grand

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