McAfee, the security juggernaut, has signed a “definitive agreement” to acquire Singapore-headquartered mobile security firm, tenCube, with the acquisition expected to close within the month. We have been covering tenCube since the company first won Start-Up@Singapore (2006), to launching WaveSecure (2007), to chatting with tenCube CEO Darius Cheung at a Nokia summit (2009) to its most recent accolades in Silicon Valley. This time, we are happy to have received news about this pending acquisition.
With the WaveSecure locate, lock, back-up and wipe technology, Trust Digital‘s enterprise mobility management (McAfee acquired Trust Digital two months ago), McAfee will be able to “deliver the industry’s most complete next generation mobility platform”.
“Mobile devices have become an extension of our lives. 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,” Darius Cheung, CEO of tenCube.
WaveSecure is currently available in English, Mandarin and Bahasa Indonesia but McAfee will be expanding the language support when the acquisition is complete.
You may be interested to know that Darius Cheung was with the SGE team and wrote a brilliant piece titled The Gold Digger’s Pants back in 2006. I won’t ruin it for you, but it has a great takeaway, something it seems Darius himself has made sure he followed.