HomeSpotlight Page 10 - Vendors That Survived the Recession: 2009 Dire Predictions Revisited
At the beginning of the year, Channel Insider readers predicted that the “Great Recession of 2009” would cause the demise of 12 well-known IT vendors--including VMware, McAfee and Salesforce.com. We revisit those predictions to see how accurate they were. As you’ll see, someone needs a better Magic 8 Ball.
Vendors That Survived the Recession: 2009 Dire Predictions Revisited - 4. Feeling More Secure
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4. McAfee
Demise Prediction Rate: 20%
January 2009 Market Cap: $4.96 billion
December 2009 Market Cap: $6.46 billion
McAfee is a vendor that has appeared in a number of death pools over
the past five years. It may be the world’s largest pure-play security
vendor, but it’s still a distant second to Symantec. Rumors have
persisted that McAfee has tried selling to Cisco, HP, Microsoft and
even EMC. That chatter stopped though last spring when McAfee changed
its tune and started positioning itself for growth. McAfee is now
focused on getting bigger rather than selling out.