McAfee sells its enterprise cybersecurity business to private equity firm for $4B

McAfee is selling its enterprise cybersecurity unit to Palo Alto-based private equity firm Symphony Technology Group in an all-cash deal worth $4 billion. The sale comes just five months after McAfee went public on the Nasdaq, following a 10-year hiatus, though its shares have largely wallowed around their IPO price of $20. With this latest move, McAfee is positioning itself entirely as a consumer cybersecurity company...
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