McAfee, Inc. is a computer security company headquartered in Santa Clara, California, USA. It markets software and services to home users, businesses and the public sector. On August 19, 2010, electronics company Intel agreed to purchase McAfee for $7.68 billion . The acquisition closed on February 28, 2011. The company was founded in 1989 as McAfee Associates, named for its founder John McAfee. McAfee was incorporated in the state of Delaware in 1992. Network Associates was formed in 1997 as a merger of McAfee Associates and Network General. In 2004, a major restructuring occurred. In... the spring, the company sold its Magic Solutions business to Remedy, a subsidiary of BMC Software. In the summer of 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. Also, the company changed its name back to McAfee to reflect its focus on security-related technologies.
more
| NYSE symbol: | MFE |
| Founded: | 1997 |
| Founders: | John McAfee |
| Headquarters: | Santa Clara, California |
| Annual revenue: | $1,600,070,000 |
| Net income: | $172,210,000 |
| Operating income: | $281,900,000 |
| Market cap: | $5,900,000,000 |
| Employees: | 4,250 |
| Industries: | Computer software, Computer, Computer security |