McAfee

The best thing about McAfee antivirus is that it protects your device in real-time. Being an award-winning security program, McAfee lives up to the expectations and delivery security of the highest level for your Windows, Mac, Android, or iOS device. With more than 600+ million users, McAfee has been securing peace of mind globally. You can install the McAfee antivirus on your device to browse safely on the Internet.

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Magenta Buyer has set the pace and standard within the cybersecurity industry for more than 30 years and has become a recognized leader for device-to-cloud cybersecurity solutions.

Security firm McAfee announced this morning that will be selling its enterprise business to a consortium led by the private equity firm Symphony Technology Group for $4 billion. It should pair well with RSA, another enterprise-focused security company the private equity firm purchased last February for $2 billion.

McAfee sells enterprise biz to Symphony Technology Group for $4B

McAfee Corp (NASDAQ: MCFE) inked an agreement to divest its Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4 billion. What Happened: The Enterprise business is a partner for 86% of the global Fortune 100 firms with $1.3 billion in net revenue in FY20.

McAfee Divests Enterprise Business To Symphony Technology For $4B

McAfee is selling its enterprise cybersecurity unit to private equity firm Symphony Technology Group in an all-cash deal with $4 billion.

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

McAfee Corp. said Monday it has entered an agreement to sell its enterprise business to a consortium led by Symphony Technology Group in an all-cash deal valued at $4 billion. The deal is expected to close by the end of 2021.

McAfee to sell enterprise business to Symphony Technology-backed consortium for $4 billion in cash

SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, today announced it has entered into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4.0 billion. The transaction is expected to close by the end of 2021, subject to customary regulatory approvals and closing conditions. McAfee's Enterprise business has set the pace and standard

McAfee Announces Sale of Enterprise Business to Symphony Technology Group for $4.0 Billion

SAN JOSE, Calif.--(BUSINESS WIRE)--Consumers have faced a lot of change over the past year with the shift to a digital-first lifestyle, and tax season is no exception. McAfee's 2021 Consumer Security Mindset study revealed that while roughly 2 out of 3 Americans (63%) plan to do their taxes online in 2021, 12% of Americans will be doing them online for the first time. With the increase in activities online, consumers are potentially exposed to more digital risks and threats, and it is crucial t

McAfee: Hackers Targeting Digitally Connected Consumers This Tax Season

The cybersecurity specialist posted strong fourth-quarter results, but it must deal with a significant challenge.

Why I Don't Like McAfee's 33% Dividend Payment Increase

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (NASDAQ: MCFE), the device-to-cloud cybersecurity company, today announced that Peter Leav, president and chief executive officer at McAfee, will be presenting at the Morgan Stanley 2021 Global TMT Conference. Presentation details: Morgan Stanley 2021 Global TMT Conference Date: Thursday, March 4, 2021 Time: 9:30 a.m. PT The presentation will be available via live webcast and archived on McAfee's investor relations website at https://ir.mcafee.com

McAfee to Participate in Morgan Stanley 2021 Global TMT Conference

McAfee's (MCFE) CEO Peter Leav on Q4 2020 Results - Earnings Call Transcript

McAfee Corp. shares rose in the extended session Tuesday after the security software company's quarterly results and outlook exceeded Wall Street expectations.

Earnings Results: McAfee stock rises as earnings, outlook top Street view

SAN JOSE, Calif.--(BUSINESS WIRE)-- #earnings--McAfee Corp. (“McAfee,” or the “Company”) (NASDAQ: MCFE), the device-to-cloud cybersecurity company, today announced its financial results for the three months and full fiscal year ended December 26, 2020. In the fourth quarter net revenue was $777 million, up 14% year-over-year. For the full year 2020, net revenue was $2.9 billion, an increase of 10%. “McAfee achieved significant increases in revenue, subscribers, profitability and cash flow to close out the

McAfee's Fourth Quarter Revenue Grows 14%, Powered by 23% Consumer Revenue Growth

McAfee Corp. (NASDAQ:MCFE) is an American cloud cybersecurity software company, most known for its anti-virus computer software.

McAfee Stock Gains Momentum Ahead of Quarterly Report

McAfee (MCFE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why McAfee (MCFE) Might Surprise This Earnings Season

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) – McAfee today announced a new partnership with LG to pre-install a 30-day free trial of McAfee security on LG PCs in Korea and worldwide. Customers who purchase a new LG PC will have the peace-of-mind knowing that they are protected right away and have the option to upgrade to a full license at an attractive introductory price. According to the recent McAfee Labs Threats Report: November 2020, 419 threats were discovered every minu

McAfee and LG Extend PC Security Service in Korea

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (NASDAQ: MCFE), the device-to-cloud cybersecurity company, today announced that it will release financial results for its fourth quarter of fiscal year 2020, ended December 26, after the United States markets close on Tuesday, February 23. Management will host a conference call that afternoon at 5:00 p.m. Eastern Time to discuss the results. McAfee Corp. Fourth Quarter 2020 Earnings Conference Call and Webcast Details Date: February 23, 2021   Tim

McAfee Announces Date for Fourth Quarter 2020 Earnings Conference Call

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SAN JOSE, Calif., & IRVINE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) – Today, McAfee and Ingram Micro Inc., a global leader in technology and supply chain services, have announced an expanded worldwide relationship that builds on the transformation of the McAfee channel program. The new agreement will provide access to McAfee products and solutions across Ingram Micro's global distribution network, including its regional Cloud Marketplaces and Centers of Excellence. McAfee launched

McAfee and Ingram Micro Deepen Relationship to Provide Leading Security Solutions Across the Globe

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) today announced the general availability of MVISION Extended Detection and Response (XDR) with inclusion of Cloud, and network telemetry, unifying and optimizing threat detection and response beyond endpoints to allow for faster, more proactive investigation cycles, easier, automated response and continued modernization of today's security operations centers (SOC). According to Enterprise Strategy Group1 research, more than 80 perce

McAfee Transforms Security Operations With Launch of Industry First Proactive XDR for Endpoint, Cloud and Network

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) today announced findings from its 2021 Consumer Security Mindset Report revealing that while the shift to a digital-first life was brought on by the global pandemic, U.S. consumers plan to keep it up – with online banking (61%), social engagements (56%), and personal shopping (52%), at the top of the list. With the increase in activities online, consumers are potentially exposed to more cyber threats. Notably, 2 out of 3 people in t

McAfee: Profound Shift in Everyday Technology Highlights New Landscape of Personal Security

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) – McAfee today announced that it is partnering with ECS, a recognized leader in cybersecurity, cloud managed services, agile development digital transformation, advanced engineering and Amazon Web Services solutions, to offer managed threat detection and response (MDR) capabilities through McAfee MVISION EDR. ECS is the first North American MDR partner for McAfee MVISION EDR and will leverage MVISION EDR and supporting vendors to de

McAfee Takes Another Step Toward Global Support for Organizations in Need of Leading Managed Threat Detection and Response

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Cybersecurity companies saw red-hot growth in 2020 with analysts expecting more to come. After the stocks soared last year, is it too late to jump in?

Should You Buy the Cybersecurity Stocks in 2021?

Recently having gone public, McAfee has been repositioning itself as a holistic cybersecurity provider rather than an anti-malware software vendor that most consumers are familiar with. This move pits it against nimbler and faster-growing cloud-based players like CrowdStrike, which is a relatively new entrant but larger by market cap and more closely followed by tech investors.

Comparing McAfee To CrowdStrike Brings Out Its Real Appeal

SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE) – McAfee today announced a five-year extended global agreement to be the provider of consumer security on ASUS PCs. ASUS customers who purchase a new PC will receive a comprehensive security service pre-installed on their new PC, an optimized user experience, and will receive security tips and recommendations about how to stay protected from the latest threats. According to the recent McAfee Labs Threats Report: November 2020, 419 t

McAfee and ASUS Extend Exclusive PC Security Service

With D&A $330 million higher than CapEx in the first 9 months of 2020, McAfee appears to be barely profitable while it is generating significant cash. McAfee is currently trading at x14 times FCF while growing revenues at a decent pace, making it a bargain in this market.

McAfee Is Much More Valuable Than It Looks

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After a roaring year for security stocks, Goldman Sachs says that investors should be more selective. The bank recommends a few different ways to play the sector.

News for McAfee Stock (MCFE)