McAfee announced that it has acquired Canada-based virtual private network (VPN) company TunnelBear. From a report: Founded in 2011, Toronto-based TunnelBear has gained a solid reputation for its fun, cross-platform VPN app that uses quirky bear-burrowing animations to bring online privacy to the masses. The company claims around 20 million people have used its service across mobile and desktop, while a few months back it branched out into password management with the launch of the standalone RememBear app. […] That TunnelBear has sold to a major brand such as McAfee won’t be greeted warmly by many of the product’s existing users. However, with significantly more resources now at its disposal, TunnelBear should be in a good position to absorb any losses that result from the transfer of ownership.

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Source: Slashdot – McAfee Acquires VPN Provider TunnelBear