McAfee to buy tenCube, mobile security service provider 29 July, 2010 By Mark Cox

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Adding WaveSecure's locate, lock, back-up and wipe technology to Trust Digital's enterprise mobility management and McAfee's mobile security technology, is intended to give McAfee the capabilities it needs to deliver the industry's most complete next generation mobility platform. McAfee says it will now have a single platform, from the consumer to the enterprise, to address the management and security of all devices types, to all markets and with the most robust feature set.

People today are 15 times more likely to lose their phones than their laptop. Device loss is currently the most worrisome and likely security incident that consumer mobile users face today. Losing the device means losing personal data like pictures, contacts and personal financial information. It also means losing the ability to communicate and the value of the device. Through this acquisition, McAfee plans to offer users of all sizes the broadest platform available and the easiest and most flexible way to remotely control their mobile device.

The acquisition is expected to help McAfee leverage its expertise at the endpoint and in the cloud to broaden its existing mobile security portfolio beyond anti-malware, data protection, Web security and family protection. It is also intended to expand the addressable device market with best-in-market mobile device platform support, including a wide range of mobile operating systems including Android, Blackberry, Symbian, Windows Mobile, iPhone and Java powered feature phones.

"There has been a tremendous amount of innovation in the past year with smartphones and other mobile devices, which really puts McAfee at a tipping point," said Todd Gebhart, executive vice president of consumer, mobile and small business. "With our more than 20 years of expertise in securing the endpoint, nearly a decade of experience securing mobile devices and a vast partner ecosystem, we are well positioned to out innovate and deliver the broadest mobile platform available."

"Mobile devices have become an extension of our lives," said Darius Cheung, chief executive officer, tenCube. "Through this acquisition, McAfee can broaden its security capabilities and offer users protection and remote control of the phone whether it is in their possession or not. This means no more worries about the whereabouts of your phone or losing personal contacts, photos or messages."

The WaveSecure security service for consumers allows users to remotely control their devices, manage the data on their phones, ensure privacy in the event of device theft or loss and enhance the possibility of recovering the phone. McAfee also plans to offer a child locator service, using the unique technology from WaveSecure.

If a phone is lost, the WaveSecure service lets users remotely locate the phone and pinpoint its location. If the phone's been stolen, they can remotely lock it and/or wipe all of the personal data from the device and its external memory cards. The phone will automatically go into lock-down mode if it is used with an un-authorized wireless account and inform a user's emergency contact of its location. WaveSecure locked phones show a permanent message on the screen explaining how to return the phone to its owner. The application also lets users automatically back-up and restore all of the data stored on their phone including text messages and their address book.

The WaveSecure mobile service is provided by tenCube, which is primarily located in Singapore. Its mobile technology is currently available in English, Chinese and Indonesian. Following the completion of this proposed acquisition; McAfee expects to broaden language support and couple the service with McAfee's endpoint protection and cloud capabilities.

The acquisition is expected to close in August of 2010.