Investor group acquires McAfee, which is famous for security software, for 1.6 trillion yen


by

Carlos Varela

It has been announced that a group of investors will acquire all of the issued shares of McAfee, which is known for providing security software for PCs and smartphones. The acquisition price is 26 dollars (about 3000 yen) per share, which is the closing price of 21.21 dollars (about 2400 yen) on the trading day immediately before the sale report, plus a 22.6% surcharge.

McAfee to Be Acquired by an Investor Group for over $ 14 Billion | McAfee, LLC
https://ir.mcafee.com/news-releases/news-release-details/mcafee-be-acquired-investor-group-over-14-billion



Security software company McAfee acquired for $ 14 billion --The Verge
https://www.theverge.com/2021/11/8/22769910/mcafee-private-investor-group-acquisition-software

McAfee was founded in 1987. The founder is John McAfee, who died in June 2021. McAfee himself quit McAfee in 1994.

Then, in 2010, Intel acquired McAfee for $ 7.68 trillion (about 665 billion yen at the rate at that time). In 2014, McAfee IPOed and became a subsidiary of Intel and the investment fund TPG, and in 2017 it spun off from Intel and re-independent as a pure cybersecurity company.

'Today's announcement marks McAfee's continued growth and opportunities. Over the last four years, McAfee has expanded its product portfolio and market strategy,' said John Winkelried, Chairman of McAfee's Board of Directors and CEO of TPG. McAfee is proud to be a leading consumer cybersecurity company, protecting the digital life of 20 million people worldwide. '.

The transaction will give McAfee more resources and resources to further strengthen consumer services and capture demand for digital protection services. Investor groups will help McAfee expand its differentiated online protection solutions and pursue long-term value through market expansion.

in Note, Posted by logc_nt