McAfee announced a definitive agreement to acquire privately owned NitroSecurity, a provider of SIEM solutions that provide visibility and situational awareness. NitroSecurity identifies, correlates and remediates threats, allowing organizations to quickly mitigate risks.

Following the completion of this proposed acquisition, McAfee expects that NitroSecurity’s technology, combined with its own security management capabilities, will give organizations greater visibility into their enterprise endpoint assets, underlying network infrastructure, specific security threats and risks and system vulnerabilities across their entire IT environment.

Enterprise users can leverage this information via a single management console to more rapidly assess their enterprise and operational risk profile and security posture, analyze and institute a range of corrective actions, such as issuing new configurations, implementing new policies and deploying more recent software updates.

“As a long standing McAfee Security Innovation Alliance partner, we know that NitroSecurity’s technology can provide the McAfee customer base with the highest level of security and compliance across their IT environment,” said Ken Levine, chairman and chief executive officer, NitroSecurity.

“NitroSecurity’s technology supports a broad range of information sources including network security devices, firewalls, operating system and application logs, vulnerability assessment scans, identity and access management systems and privacy systems. It will complement the extensive McAfee security portfolio and help to meet the demanding compliance and protection needs of our joint customers,” he added.

Subject to regulatory approvals and other customary closing conditions, we anticipate that the acquisition will close by the fourth quarter of 2011. Following the closing, we anticipate that the NitroSecurity team will be incorporated into the McAfee Risk and Compliance business unit, headed by McClure.