McAfee Corp. (McAfee), a global leader in online protection, announced the completion of its acquisition by an investor group led by Advent International Corporation (Advent) and funds advised by Permira, Crosspoint Capital Partners L.P. (Crosspoint), Canada Pension Plan Investment Board (CPP Investments), GIC Private Limited (GIC), and a wholly-owned subsidiary of the Abu Dhabi Investment…
Tag: McAfee
McAfee sells Enterprise business to Symphony Technology Group for $4.0 bn
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•McAfee Corp., the device-to-cloud cybersecurity company, announced it has 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 $4.0 billion. The transaction is expected to close by the end of 2021, subject to customary regulatory approvals and closing conditions. McAfee’s…
McAfee appoints Peter Leav as Chief Executive Officer
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•McAfee, LLC, the device-to-cloud cybersecurity company, announced that its Board of Managers has appointed Peter Leav to the role of Chief Executive Officer, effective February 3, 2020. Leav will succeed Chris Young, who has decided to step down as Chief Executive Officer of McAfee. Young will remain at McAfee in an advisory role to assist…