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Intel spins off McAfee, sells majority stake to TPG

2016-09-08 09:07:00| Telecompaper Headlines

(Telecompaper) Intel has sold a 51 percent stake in McAfee to TPG for USD 3.1 billion, with the total business valued at USD 4.2 billion. The unit will be spun out of Intel Security, keep its McAfee name and operate as an independent cybersecurity company. Chris Young, Intel senior VP and Intel Security general manager, will lead the new company. Intel will retain 49 percent of the company after completion of the transaction, expected near the second quarter, subject to regulatory and other closing conditions. Intel bought McAfee in 2010 for USD 48 per share cash, or a total of USD 7.68 billion.

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Intel Spins Off McAfee to Private Equity Firm

2016-09-08 06:02:32| PC Magazine Software Product Guide

Intel's goal in acquiring McAfee was to sell security software for more than just PCs.

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Intel Spins Off McAfee to Private Equity Firm

2016-09-08 04:02:37| PC Magazine Security Product Guide

Intel's goal in acquiring McAfee was to sell security software for more than just PCs.

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Intel Compute Stick (Core m3)

2016-09-07 19:04:54| PC Magazine: New Product Reviews

Powered by a Core m3 processor, the Intel Compute Stick excels as a fully functional PC that fits in your pocket and can use a TV as a display.

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Intel Compute Stick (Core m3)

2016-09-07 19:04:47| PC Magazine Desktops Product Guide

Powered by a Core m3 processor, the Intel Compute Stick excels as a fully functional PC that fits in your pocket and can use a TV as a display.

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