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McAfee cybersecurity is back as standalone business with new corporate identity

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Jason Hill
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Built on the belief that “Together is Power”, the new McAfee will expand upon its leading security solutions platform to better enable customers to effectively identify and orchestrate responses to cyber-threats, according to a press release.

The launch of McAfee marks the closing of an investment by TPG and Intel Corporation (INTC) to establish a pure-play cybersecurity company with access to significant capital, operational and technology resources.

Additionally, McAfee announced that private equity investment firm Thoma Bravo has joined, as a minority investor in the company, through an agreement with TPG.

Intel is retaining a 49% equity stake in the new entity.

The McAfee name is no stranger to security issues, since it was the label on nearly every single computer safety software for a good stretch.

But founder John McAfee sold his cyber security firm to Intel in 2011 for $7.7bn.

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Jason Hill
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