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PGP Inc Sold for $35M - News Flash

daemon@ATHENA.MIT.EDU (Vin McLellan)
Tue Dec 2 14:02:01 1997

Date: Mon, 1 Dec 1997 17:42:43 -0500
To: cryptography@c2.net
From: Vin McLellan <vin@shore.net>

<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. "
--

No confirmation or further information available on the PGP, McAfee, or
Network General web pages. _Vin

"Cryptography is like literacy in the Dark Ages. Infinitely potent, for
good and ill... yet basically an intellectual construct, an idea, which by
its nature will resist efforts to restrict it to bureaucrats and others who
deem only themselves worthy of such Privilege."
_ A thinking man's Creed for Crypto/ vbm.

 *     Vin McLellan + The Privacy Guild + <vin@shore.net>    *
  53 Nichols St., Chelsea, MA 02150 USA <617> 884-5548



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