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posted by martyb on Friday March 09 2018, @10:22PM   Printer-friendly
from the missed-chance-to-sell-to-the-Boring-Company dept.

McAfee announced that it has acquired Canada-based virtual private network (VPN) company TunnelBear. Terms of the deal were not disclosed.

Founded in 2011, Toronto-based TunnelBear has gained a solid reputation for its fun, cross-platform VPN app that uses quirky bear-burrowing animations to bring online privacy to the masses.

The company claims around 20 million people have used its service across mobile and desktop, while a few months back it branched out into password management with the launch of the standalone RememBear app.

[...] McAfee has said that it bought TunnelBear for its consumer-focused business, but TunnelBear has also branched out into the business realm, recently introducing a new VPN product for teams, so there is scope for McAfee to build on this foundation.

That TunnelBear has sold to a major brand such as McAfee won't be greeted warmly by many of the product's existing users. However, with significantly more resources now at its disposal, TunnelBear should be in a good position to absorb any losses that result from the transfer of ownership.

Source: https://venturebeat.com/2018/03/08/mcafee-acquires-vpn-company-tunnelbear/


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  • (Score: 2) by frojack on Friday March 09 2018, @10:46PM

    by frojack (1554) on Friday March 09 2018, @10:46PM (#650285) Journal

    Not content to scan everything as you write it to disk, then scan it again every time you read it from disk, now they want to scan everything coming across the wire from a server where every file you fetch is scanned as read in, after being scanned as it was written out.

    Did I miss anything?

    Profit perhaps?

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