...things didn’t work out with Intel (or Belize, for that matter) and so the unit formerly known as Intel Security will be McAfee once again. Today, Intel is officially inking a deal that will spin McAfee out, with the asset management firm TPG taking a 51 percent stake in the company at a $4.2 billion valuation. Intel will retain a 49 percent stake.
What “McAfee” means now rests largely in the hands of TPG and McAfee’s newly-minted CEO, Chris Young, who led Intel Security over the past two years. TPG partner Bryan Taylor will serve as the chairman of McAfee’s board, and Young will have a chance to prove himself out from under the umbrella of Intel.
»
techcrunch.com/2017/04/0 ··· e-again/