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McAffee

McAfee LLC
Private
Industry Computer software
Predecessor Intel Security Group (spun off)
Founded

1987; 30 years ago (1987) as McAfee Associates, Inc.

2017; 0 years ago (2017) as McAfee LLC
Founder John McAfee
Headquarters 2821 Mission College Blvd. Santa Clara, California
Area served
Worldwide
Key people
Chris Young
(CEO)
Products Security software
Services Computer security
Number of employees
6,768 (as of 2017)
Parent TPG Capital and Thoma Bravo (51%)
Intel (49%)
Website www.mcafee.com

1987; 30 years ago (1987) as McAfee Associates, Inc.

McAfee, Inc. (/ˈmækəf/; known as Intel Security Group in 2014–2017) is an American global computer security software company headquartered in Santa Clara, California and, it says, the world's largest dedicated security technology company.

The company was purchased by Intel in February 2011, and became part of the Intel Security division.

On September 7, 2016, Intel announced a strategic deal with TPG Capital to convert Intel Security into a joint venture between both companies 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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