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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/
(Score: 3, Interesting) by bzipitidoo on Saturday March 10 2018, @02:08AM (1 child)
Unlike corporations, VPNs are not persons, they're objects much like condoms.
If your favorite condom manufacturer was bought out by an anti-abortion, abstinence-is-the-only-acceptable-form-of-family-planning religious fundamentalist organization, or the NSA, or a Big Pharma manufacturer of medications for STDs, viruses, and abortions, would you still feel good about using the products? McAfee is definitely a computing world analog of a Big Pharma member. The product quality might suffer, might be a few more holes....
(Score: 2) by archfeld on Saturday March 10 2018, @07:13AM
In other words...Yes ?
For the NSA : Explosives, guns, assassination, conspiracy, primers, detonators, initiators, main charge, nuclear charge