04-04-2017 13:45 via

McAfee on its own as independent security vendor

Effective today, McAfee has officially spun out from Intel, dumping the name Intel Security and operating under new majority ownership that has deep pockets to help the company aggressively acquire technology via mergers and acquisitions to supplement home-grown innovations.Investment firm TPG is making a $1.1 billion equity investment in McAfee in return for 51% ownership, giving it the cash it needs to buy companies for their technology so it can be incorporated faster into McAfee platforms th
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