Intel Security
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Intel Security's headquarters in Santa Clara, California, U.S.
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| Wholly owned subsidiary | |
| Industry | Computer software |
| Founded | 1987 as McAfee Associates, Inc. |
| Founder | John McAfee |
| Headquarters | 2821 Mission College Blvd. Santa Clara, California |
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Area served
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Worldwide |
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Key people
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Chris Young (Sr. Vice President & General Manager) |
| Products | Security software |
| Services | Computer security |
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Number of employees
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6,768 (as of 2017) |
| Parent |
TPG Capital (51%) Intel (49%) |
| Website | www |
Intel Security Group (previously McAfee, Inc. /ˈmækəfiː/) is an American global computer security software company headquartered in Santa Clara, California, and the world's largest dedicated security technology company.
The company has been a wholly owned subsidiary of Intel since February 2011, and now forms part of its Intel Security division.
On September 7, 2016, Intel announced a strategic deal with TPG Capital to convert Intel Security into a joint venture between Intel and TPG Capital called McAfee. TPG Capital will be the majority owner with 51% of McAfee.
The company was founded in 1987 as McAfee Associates, named for its founder John McAfee, who resigned from the company in 1994. McAfee was incorporated in the state of Delaware in 1992. Network Associates was formed in 1997 as a merger of McAfee Associates, Network General, PGP Corporation and Helix Software.
The company restructured in 2004, beginning with the sale of its Magic Solutions business to Remedy, a subsidiary of BMC Software early in the year. In mid-2004, the company sold the Sniffer Technologies business to a venture capital backed firm named Network General (the same name as the original owner of Sniffer Technologies), and changed its name back to McAfee to reflect its focus on security-related technologies.
Among other companies bought and sold by McAfee is Trusted Information Systems, which developed the Firewall Toolkit, the free software foundation for the commercial Gauntlet Firewall, which was later sold to Secure Computing Corporation.
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