McAfee
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- Legal Name: McAfee Corp., McAfee, LLC, McAfee Associates, Inc.
- Website: mcafee.com
- Founded: 1987
- Founder(s): John McAfee
- Wikipedia: wikipedia.org/wiki/McAfee
- Stock Symbol: NASDAQ: MCFE
What is McAfee?
McAfee is an American company that offers computer security software. The company is headquartered in Santa Clara. In its early years, the company was known as McAfee Associates and between 2014 and 2017 known as Intel Security Group. Now, the company has almost 7,000 employees with more than 50,000 enterprise customers in 182 different countries and 131 security innovation alliance partners. McAfee offers various products for home, small business, commercial, enterprise, mobile, and cloud users.
McAfee was founded in1987 by John Mcafee, who left the company 7 years later. 10 years later, Network Associates was formed as a merger of McAfee Associates, Network General, PGP Corporation, and Helix Software. Intel acquired McAfee in 2011 and the company became a part of the Intel Security division.
After the acquisition, founder John McAfee said “I am now everlastingly grateful to Intel for freeing me from this terrible association with the worst software on the planet. These are not my words, but the words of millions of irate users.” In 2016, Intel signed an agreement with TPG Capital and converted Intel Security into a joint venture called McAfee. In 2020, the company and shareholders raised $740 million in the IPO, which made the company’s value $8.6 billion.
McAfee focuses on security software for PCs, mobile devices, and servers. The company’s most popular products are IntruShield, McAfee Change Control, McAfee DAT Reputation, McAfee E-Business Server, McAfee Entercept, McAfee SiteAdvisor, and McAfee VirusScan. McAfee acquired IntruVert Networks for $100 million in 2003, Foundstone for $86 million in 2004, SiteAdvisor for $70 million in 2006, Preventsys for less than $10 million in 2006, Onigma for $20 million in 2006, SafeBoot Holding for $350 million in 2007, ScanAlert for $51 million in 2007, Reconnex for $46 million in 2008, Secure Computing for $497 million in 2008, Endeavor Security for $3.2 million in 2009, Solidcore Systems for $33 million in 2009, MX Logic for $140 million in 2009, Trust Digital in 2010, tenCube in 2010, Sentrigo in 2011, NitroSecurity in 2011, ValidEdge in 2013, Stonesoft in 2013, PasswordBox in 2014, TunnelBear in 2018, Uplevel Security in 2019, NanoSec in 2019, and Lightpoint Security in 2020.
McAfee News
McAfee Enterprise appoints Gee Rittenhouse as CEO
Private equity firm focused on investing in the software, data, and analytics sectors, Symphony Technology Group announced the appointment of ...
An investor group to acquire McAfee for $14 billion
Online protection solutions provider, McAfee announced that it has entered into a definitive agreement to be acquired by an investor ...
McAfee announces quarterly financial results
Online protection company McAfee announced financial results for the second quarter. According to the announcement, core direct-to-consumer subscribers increased by ...
John McAfee found dead in Spanish prison
A controversial figure in the tech world John McAfee, 75 years old, has been found dead in the Brians 2 ...
McAfee and Ingram Micro deepen relationship
Technology and supply chain services provider, Ingram Micro and McAfee announced that the duo has expanded their relationship that builds ...
McAfee launches proactive XDR for endpoint, cloud and network
McAfee introduced MVISION Extended Detection and Response (XDR) with the inclusion of Cloud, and network telemetry, unifying and optimizing threat ...
Microsoft and McAfee join Ransomware Task Force
Ransomware attacks are gaining popularity and can cause serious damage to businesses. To fight against ransomware attacks, 19 security firms, ...
Seclore and McAfee announced partnership
Seclore announced that it will combine its data-centric security technology with McAfee MVISION Cloud to provide a joint offering. The ...
McAfee launches Managed SASE Platform
Device-to-cloud cybersecurity company, McAfee unveiled enhancements to its SASE by launching easy-to-use integrations with third-party SD-WAN solutions and extending its ...
McAfee to acquire Light Point Security
McAfee announced the acquisition of Light Point Security, LLC, which specializes in browser isolation at the RSA conference in San ...
Peter Leav joins McAfee as new CEO
McAfee announced that its Board of Managers has appointed Peter Leav to the role of Chief Executive Officer, effective February ...
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