(Updates stock quotes)

SAN JOSE, Calif. (

TheStreet

) -- Software specialist

McAfee

(MFE)

has teamed up with

Adobe

(ADBE) - Get Report

in an attempt to tap the growing market for secure documents.

The two firms will build a software product for classifying and securing documents, which is clearly timed to coincide with corporate America's big

data lockdown

. With cyber-criminals intensifying their efforts to

target

big business, companies like McAfee,

Symantec

(SYMC) - Get Report

and

Microsoft

(MSFT) - Get Report

are locked in a

security

arms race

.

With firms looking to tighten security around their intellectual property and meet stringent compliance requirements, McAfee is using Adobe to increase the

pressure

on its archrival and share leader Symantec.

This could be a shrewd move. Last year a

Ponemon Institute

study estimated that latent demand for protecting unstructured data such as documents and emails was worth $3.15 billion in the U.S.

Under the terms of the deal, McAfee will also make its Security Scan tool freely available to Adobe customers installing Flash Player software and Adobe reader.

McAfee has certainly been living up to its billing as one of

TheStreet

's

top tech picks

for 2009, recently busting out good

second-quarter numbers

.

Adobe also has been busy recently,

throwing down

$1.8 billion to acquire

Omniture

(OMTR)

and expand beyond Web software to site management and traffic analytics.

Shares of McAfee rose 69 cents, or 1.6% to $43.34 Monday, mirroring the broader advance in tech stocks that saw the Nasdaq rise 2.3%. Adobe's stock gained $1.12, or 3.5%, to reach $33.15 over the same period.

-- Reported by James Rogers in New York