0
IT

McAfee sells Enterprise Business to Symphony Technology for USD 4 bln

Tuesday 9 March 2021 | 08:26 CET | News
McAfee entered into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for USD 4.0 billion. The transaction is expected to close by the end of 2021, subject to customary regulatory approvals and closing conditions.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: McAfee / UBS Investment Bank
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

McAfee unveils MVision cloud-native app protection

Published 29 Mar 2021 11:21 CET | World
McAfee announced the general availability of McAfee MVision Cloud Native Application Protection Platform (CNAPP), a new security ...

Optus, McAfee to launch Optus WiFi Secure service

Published 29 Mar 2021 09:37 CET | Australia
Australian operator Optus has partnered with McAfee to launch Optus WiFi Secure. The service is designed to automatically protect ...

McAfee Q4 tops expectations, boosted by both consumer, enterprise ops

Published 24 Feb 2021 10:03 CET | World
McAfee reported better-than-expected results for the fourth quarter, helped by both its consumer and enterprise divisions. ...

McAfee, LG extend PC security service in Korea

Published 04 Feb 2021 10:39 CET | Korea, Republic of
McAfee said it entered a new partnership with LG to pre-install a 30-day free trial of McAfee security on LG PCs in Korea and ...

McAfee, Ingram Micro expand worldwide relationship

Published 02 Feb 2021 10:37 CET | World
McAfee and Ingram Micro expanded their relationship that builds on the transformation of the McAfee channel programme. The new ...

McAfee launches Mvision XDR

Published 28 Jan 2021 16:31 CET | World
McAfee announced the general availability of its new product Mvision Extended Detection and Response (XDR). The software is aimed ...

McAfee partners with North American cybersecurity specialist ECS

Published 19 Jan 2021 09:29 CET | North America
McAfee has announced a partnership with ECS, a specialist in cybersecurity, AWS systems and cloud managed services based in ...