Post Profile






Where the new McAfee will go after its spins out from Intel

EXCLUSIVE: Chris Young will be the CEO of McAfee after the security company spins off from Intel in a deal valued at $4.2 billion. With that, McAfee will become an independent company, 51 percent owned by private equity firm TPG and 49 percent owned by Intel. Intel acquired McAfee for $7.68 billion in 2010 to beef up its […]
read more

share

Related Posts


Intel Nears Deal to Sell McAfee Security Unit To TPG

Technology : Tech - WSJ.com

Intel is nearing the sale of a majority stake in its McAfee unit to private-equity firm TPG, a deal that would value the computer-security business at about $4.2 billion including debt.

Intel Spins Off ‘McAfee’ Security with TPG for $3.1B Cash, 49% Stake

Business & Finance / Investing : Tech Trader Daily

Chip giant Intel (INTC) this afternoon announced it will partner with private equity firm TPG to spin off its “Intel Security” unit, under the name McAfee, for $3.1 billion in cash, while retaining a 49% stake in the entity.  Intel ...

Intel is spinning off the cybersecurity firm it paid $7.6 billion six years ago in a $4.2 billion deal (INTC)

Business & Finance : Business Insider: Money Game

Intel is spinning off its McAfee cybersecurity unit in a deal worth $4.2 billion, just six years after acquiring the company for $7.6 billion. Intel announced Wednesday that it's partnering with private equity firm TPG to complete t...

Intel to spin off McAfee cybersecurity unit into a new company

Health : LA Times: Health

Intel Corp. is spinning off its cybersecurity unit into a new company, called McAfee, in a deal with private equity firm TPG. The deal values McAfee at $4.2 billion, including its debt of about $2 billion. Intel, based in Santa Clar...

Intel teams with TPG to spin out McAfee security unit in deal valued at $4.2 billion

Technology : Venture Beat

Intel announced on Wednesday that it has entered into a definitive agreement with TPG to spin out the McAfee security unit as an independent cybersecurity company. The move places a value of $4.2 billion on the newly-formed company ...

Comments


Copyright © 2016 Regator, LLC