PGP Inc Sold for $35M - News Flash
Alan
alan at ctrl-alt-del.com
Mon Dec 1 17:25:28 PST 1997
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
alan at ctrl-alt-del.com | Note to AOL users: for a quick shortcut to reply
Alan Olsen | to my mail, just hit the ctrl, alt and del keys.
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