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McAfee plans 3-4 acquisitions every year

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CIOL Bureau
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TOKYO, JAPAN: U.S. security software maker McAfee Inc plans to acquire three to four companies every year to help drive its growth, Chief Executive David DeWalt said.

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"We've been very constantly acquiring companies the last few years. We'll continue to do that," DeWalt told Reuters Television in an interview on Friday in Tokyo.

"Not risky acquisitions. Technology-oriented acquisitions all over the world," he said.

DeWalt has led the company, which competes with Symantec Corp, through double-digit sales growth in recent years, and is viewed as a savvy dealmaker and prize addition to any software leadership team.

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