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Should Sony buy a security company?

Published June 8, 2011 at 4:00 AM

"I would view the Sony situation as a unique one, but of course every company is always looking at their security," says Consumer Electronics Association CEO Gary Shapiro when asked if he thinks Sony Corp. might buy a security company in the wake of the recent three-week PlayStation Network outage. "Security companies are probably a good bet right now," quips Shapiro in this video interview with The Deal magazine. The outage is just one of many challenges Sony faces this year. The company shut down six factories after the earthquake in Japan. "It's been a tough, tough set of blows this year, but they'll recover," he says. For an in-depth look at Intel Corp.'s $7.68 billion purchase of security software developer McAfee Inc., see "A secure future?" by Olaf de Serpont Domis in The Deal magazine. - Mary Kathleen Flynn
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