[91208] in Cypherpunks
Re: PGP Inc Sold for $35M - News Flash
daemon@ATHENA.MIT.EDU (Alan)
Mon Dec 1 20:59:46 1997
Date: Mon, 1 Dec 1997 18:13:10 -0800 (PST)
From: Alan <alan@ctrl-alt-del.com>
To: Vin McLellan <vin@shore.net>
cc: cypherpunks@Algebra.COM
In-Reply-To: <v03007842b0a8edab798a@[198.115.179.81]>
Reply-To: Alan <alan@ctrl-alt-del.com>
On Mon, 1 Dec 1997, Vin McLellan wrote:
> <News Alert, from C/Net's News.Com>
>
> "PGP acquired by merged security software firm.
>
> "Pretty Good Privacy, an encryption company foundered by crypto pioneer
> Phil Zimmermann, has been acquired by Network Associates, the result of the
> merger of McAfee Associates and Network General, which closed today.
>
> "Network Associates will pay $35 million in cash for PGP. "
Not good news. As I remember McAfee was one of the "Key Recovery Aliance
Partners".
"Everyoner has their price." - Guy Grand
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