This isn't the first time McAfee has delved into the VPN market. It also further shows the need for using a VPN is becoming essential, equally as important as virus and malware protection. The fact companies such as McAfee and other traditional virus-scanner companies are packaging VPN services into their security-suites shows that usage and consumer knowledge is growing. Previously reserved for tech-geeks and the privacy-conscious, VPN services are now seen ever more as a simple extension of online security.
The acquisition of TunnelBear by McAfee goes to further bolster the mainstream position that VPN services are now taking. Ryan Dochuk co-founder of TunnelBear was upbeat about the acquisition saying that the backing of a leading cybersecurity company will allow the brand to flourish expanding into new markets and further developing its service. It is this feature that will benefit most from the acquisition.
TUNNELBEAR WAS ACQUIRED BY MCAFEE SOFTWARE
McAfee already offers a built-in VPN service on their security software known as Safe Connect. Instead they plan to continue the service as is for the foreseeable future with the intention of harnessing the power of the brand and technology to further boost the built in feature of their VPN service on their McAfee security suite. McAfee purchases TunnelBearĭetails of the deal are thin on the ground but with TunnelBear reporting that over 20 million users have made use of their service coupled with the fact they're “profitable”, it's unlikely McAfee will have picked the service up for small change.Ĭurrent TunnelBear customers will be pleased to know that McAfee has stated they have no intention of winding down the service or using it solely as an integrated feature in their security suite.
TUNNELBEAR WAS ACQUIRED BY MCAFEE FREE
While we never advocate using free VPN services due to their inherent security issues, TunnelBear is actually one of the better free services funded by a premium subscription option. TunnelBear is best known for its relatively good free VPN service.
In a press release McAfee confirm they have brought the Canadian based VPN firm under their wing for an undisclosed sum. McAfee has announced they have acquired well-known bear-loving VPN provider TunnelBear.
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