more on Bravo looking on Mcafee McAfee, which
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Posted On: 12/18/2018 7:15:11 PM
more on Bravo looking on Mcafee
McAfee, which holds some 1,200 security technology patents, employs over 7,200 globally, with a UK team approximately 300-strong.
Its software is installed on 561 million total endpoints, including 87 percent of the world’s largest banks, and in the UK works closely with clients including the Ministry of Defence.
It has had a complex recent history: Intel bought the firewall specialist 2010 for a striking $7.68 billion and rebranded it Intel Security.
(The name McAfee became more closely associated with the company’s founder, John McAfee, who retired to Belize only to be accused of his neighbor’s murder and who is now running for President and promoting cryptocurrencies.)
In 2017 Intel spun it off again to pursue “pure-play” cybersecurity.
Thoma Brava commented at the time, taking its minority interest:”“McAfee is a global organization with a 30-year history and a brand known the world over for innovation, trust and collaboration. Given our years of focus on the security software sector, we see great opportunity for McAfee to continue to advance and innovate.”
Seth Boro, a Managing Partner at the firm, added: “Our deep sector knowledge and history of helping build successful businesses will be an asset to the company, and we look forward to working with the management team and our colleagues at TPG and Intel to guide McAfee through its next chapter of growth.”
See also: Intel Unveils New
McAfee, which holds some 1,200 security technology patents, employs over 7,200 globally, with a UK team approximately 300-strong.
Its software is installed on 561 million total endpoints, including 87 percent of the world’s largest banks, and in the UK works closely with clients including the Ministry of Defence.
It has had a complex recent history: Intel bought the firewall specialist 2010 for a striking $7.68 billion and rebranded it Intel Security.
(The name McAfee became more closely associated with the company’s founder, John McAfee, who retired to Belize only to be accused of his neighbor’s murder and who is now running for President and promoting cryptocurrencies.)
In 2017 Intel spun it off again to pursue “pure-play” cybersecurity.
Thoma Brava commented at the time, taking its minority interest:”“McAfee is a global organization with a 30-year history and a brand known the world over for innovation, trust and collaboration. Given our years of focus on the security software sector, we see great opportunity for McAfee to continue to advance and innovate.”
Seth Boro, a Managing Partner at the firm, added: “Our deep sector knowledge and history of helping build successful businesses will be an asset to the company, and we look forward to working with the management team and our colleagues at TPG and Intel to guide McAfee through its next chapter of growth.”
See also: Intel Unveils New
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