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McAfee’s Cybersecurity Private Equity Takeover: 6 Things To Know

From McAfee unexpectedly releasing its third quarter financial earnings report today to the group of investors taking over the company, here are six big things you need to know about McAfee’s $14 billion takeover.

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 What You Need To Know About McAfee’s $14 Billion Takeover

After just one-year as a public entity, cybersecurity standout McAfee will be taken private again via a $14 billion blockbuster acquisition by a slew of private equity and investment firms.

The San Jose, Calif.-based consumer security company said being acquired will provide McAfee with both financial and operational resources to boost its consumer offering and capture the growth in demand for security protection services.

“This transaction is a testament to McAfee’s market-leading online protection solutions, our talented employees, and outstanding customers and partners,” said McAfee President and CEO Peter Leav in a statement. “We are thrilled to be partnering with premier firms who truly understand the cybersecurity landscape and have a proven track record of success.”

From McAfee unexpectedly releasing its third quarter financial earnings report today to the specific group of investors taking over the security company, CRN breaks down five key things investors, channel partners and customers need to know about the blockbuster deal.

 

 
 
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