McAfee announced today it bought ScanAlert for US$54 million. ScanAlert sells a web site security scanning service. After a number of bad buys, McAfee seems to be on to a good thing this time. US$54 million for 75,000 paying customers is a fair price.

There’s a US$24 million earn out, but if that is worded and devised similar to most earn outs, at the end it’s either going to add significant

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