Intel Security becomes an independent company called McAfee with a valuation of $4.2B, with Intel retaining a 49% stake and private equity firm TPG owning 51%
Intel has followed through on its pledge to divest itself of its Intel Security division, which it acquired for $7.68 billion in 2010.
Sources: Intel weighs sale of cyber security business created from its $7.7B McAfee acquisition in 2010
Intel is looking at options for Intel Security, including potentially selling the antivirus software maker formerly known as McAfee which it bought for $7.7bn almost six years ago.
Intel weighs sale of cyber security business
Intel is looking at options for Intel Security, including potentially selling the antivirus software maker formerly known as McAfee which it bought for $7.7bn almost six years ago. — The Silicon Val...
Intel CEO Brian Krzanich announces McAfee brand name will be replaced by Intel Security
At CES 2014 today, Intel CEO Brian Krzanich announced the McAfee brand name will be phased out and replaced by “Intel Security,” which will identify Intel products and services in the security segment...