Intel Sells a Majority Stake of Cybersecurity Unit to TPG

Discussion in 'other anti-malware software' started by ronjor, Sep 7, 2016.

  1. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    57,803
    Location:
    Texas
    By MICHAEL J. de la MERCED and QUENTIN HARDY SEPT. 7, 2016

    Intel, which bought McAfee for $7.7 billion six years ago, said on Wednesday that it had sold a majority stake in its cybersecurity business to the investment firm TPG, in a transaction valuing the security provider at approximately $4.2 billion, including debt.
     
  2. hawki

    hawki Registered Member

    Joined:
    Dec 17, 2008
    Posts:
    1,958
    Location:
    DC Metro Area
Loading...