McAfee Associates
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McAfee's headquarters in Santa Clara, California, U.S.
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| Private | |
| Industry | Computer software |
| Predecessor | Intel Security Group (spun off) |
| 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 (CEO) |
| 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 and Thoma Bravo (51%) Intel (49%) |
| Website | www |
1987 as McAfee Associates, Inc.
McAfee, Inc. (/ˈmækəfiː/; known as Intel Security Group in 2014–2017) is an American global computer security software company headquartered in Santa Clara, California, and the world's largest dedicated security technology company.
The company was a wholly owned subsidiary of Intel from February 2011, during which time it was part of the Intel Security division. In April 2017, Intel announced that it had returned McAfee to a standalone company.
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. That deal closed on April 3, 2017. Thoma Bravo took a minority stake in the new company, and Intel maintains a 49% stake.
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.
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Wikipedia