Intel punch majority stake McAfee off




Intel makes 51 percent of its stake in Intel Hand Security. The investment company TPG, the importance of, and the security division as an independent company will continue under the name McAfee.

Intel Security Intel sells its stake in Intel Security for $ 3.1 billion, converted 2.75 billion. The company retains a minority interest of 49 percent. Six years ago bought Intel McAfee for $ 7.7 billion. In 2014, the chip giant changed the name of his securitytak McAfee Intel Security.

Intel saw growth opportunities in 2010 to combine the security of McAfee with its hardware knowledge, but the company from Santa Clara struggled to get sufficient benefits from the combination and integrate Intel Security in his organization. Intel’s sales and profits are the last years under pressure due to the shrinking PC market, leading to restructuring led and the elimination of thousands of jobs. Intel’s strategy is focused on technology for data centers and smart devices.

Intel Security Group achieved in the first half of 2016 sales of $ 1.1 billion, a growth of 11 percent a year earlier compared to the same period. McAfee was founded in 1987 by John McAfee. The founder is embroiled in a legal battle with Intel, he claims the right to change to change the name of his investment company MGT Capital Investments in John McAfee Global Technologies.


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