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Wikipedia

McAfee

February 16, 2024

For other uses, see McAfee (disambiguation).

McAfee Corp. (/ˈmækəfiː/; MA-kə-fee),[4][5] formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California.

McAfee Corp.
Logo used since 2017
Headquarters in Santa Clara, California
Company typePrivate
IndustryComputer software
PredecessorIntel Security Group (spun off)
Founded1987; 37 years ago (1987)[1] as McAfee Associates, Inc.
2017; 7 years ago (2017) as McAfee, LLC
FounderJohn McAfee
HeadquartersSan Jose, California, U.S.
Area served
Worldwide
Key people
Greg Johnson (president and CEO)
ProductsCybersecurity software
ServicesComputer security
Revenue US$1.92 billion (2021)[2]
Owner
Number of employees
1,800+ (2023)[3]
WebsiteMcafee.com

The company was purchased by Intel in February 2011,[6][7][8] and became part of the Intel Security division. In 2017, Intel had a strategic deal with TPG Capital and converted Intel Security into a joint venture between both companies called McAfee.[9][10] Thoma Bravo took a minority stake in the new company, and Intel retained a 49% stake.[11][12] The owners took McAfee public on the NASDAQ in 2020, and in 2022 an investor group led by Advent International Corporation took it private again.[13]

History edit

 
Former McAfee logo with the Intel byline

1987–1999 edit

The company was founded in 1987 as McAfee Associates, named for its founder John McAfee, who resigned from the company in 1994.[14] McAfee was incorporated in the state of Delaware in 1992. In 1993, McAfee stepped down as head of the company, taking the position of chief technology officer before his eventual resignation. Bill Larson was appointed CEO in his place. Network Associates was formed in 1997 as a merger of McAfee Associates, Network General, PGP Corporation and Helix Software.

In 1996, McAfee acquired Calgary, Alberta, Canada-based FSA Corporation, which helped the company diversify its security offerings away from just client-based antivirus software by bringing on board its own network and desktop encryption technologies.

The FSA team also oversaw the creation of a number of other technologies that were leading edge at the time, including firewall, file encryption, and public key infrastructure product lines. While those product lines had their own individual successes including PowerBroker (written by Dean Huxley and Dan Freedman and now sold by BeyondTrust), the growth of antivirus ware always outpaced the growth of the other security product lines. It is fair to say that McAfee remains best known for its anti-virus and anti-spam products.

Among other companies bought and sold by McAfee is Trusted Information Systems, which developed the Firewall Toolkit, the free software foundation for the commercial Gauntlet Firewall, which was later sold to Secure Computing Corporation. McAfee acquired Trusted Information Systems under the banner of Network Associates in 1998.

McAfee, as a result of brief ownership of TIS Labs/NAI Labs/Network Associates Laboratories/McAfee Research, was highly influential in the world of open-source software, as that organization produced portions of the Linux, FreeBSD, and Darwin operating systems, and developed portions of the BIND name server software and SNMP version 3.[citation needed]

2000–2009 edit

In 2000, McAfee/Network Associates was the leading authority in educating and protecting people against the Love Bug or ILOVEYOU virus, one of the most destructive computer viruses in history.[15]

At the end of 2000, CEO Bill Larson, President Peter Watkins, and CFO Prabhat Goyal all resigned after the company sustained losses.[16] Company president Gene Hodges served as interim CEO before George Samenuk was appointed CEO in 2001.[17][18]

The company returned to its original name in July 2004.[19] It restructured, beginning with the sale of its Magic Solutions business to Remedy, a subsidiary of BMC Software early in the year.[20] 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.[21]

In 2006, Dale Fuller became interim CEO when Samenuk resigned and President Kevin Weiss was fired after the company was accused of questionable stock options practices.[22] David DeWalt took over as CEO on April 2, 2007.[23]

In 2007, McAfee launched the Security Innovation Alliance (SIA), a program focused on cultivating partnerships with other tech companies and integrating third-party technology with McAfee’s security and compliance risk management technology.[24] On March 11, 2008, McAfee announced a license agreement with the US Department of Defense. This agreement allowed the DoD to integrate McAfee’s Virus Scan Enterprise and Anti-Spyware Enterprise into the Defense Information Systems Agency’s cyber-security solutions.[25]

2010–present edit

On August 19, 2010, Intel announced that it would purchase McAfee for $48 a share in a deal valued at $7.68 billion.[26][27] In September 2016, Intel announced their strategic partnership with TPG to turn McAfee into an independent cyber-security company as a joint venture. That deal closed on April 3, 2017.[28]

CEO David DeWalt resigned in 2011, and McAfee appointed Michael DeCesare and Todd Gebhart as co-presidents.[29] In 2011, McAfee also partnered with SAIC to develop anti-cyber espionage products for use by government and intelligence agencies, along with telecommunications companies.[30]

On January 6, 2014, Intel CEO Brian Krzanich announced during the Consumer Electronics Show the name change from McAfee Security to Intel Security. The company's red shield logo would remain, with the firm continuing to operate as a wholly owned Intel subsidiary.[31] John McAfee, who no longer had any involvement in the company, expressed his pleasure at his name no longer being associated with the software. However, as of 2016 the products still bore the McAfee name.

On September 7, 2016, Intel sold its majority stake to TPG and entered into an agreement with TPG to turn Intel Security into a jointly-owned, independent cyber-security company with the McAfee name.[32]

After the deal between the two companies closed, the company was spun back out of Intel on April 4, 2017."[33] Chris Young assumed the CEO position as the company became an independent entity.[34]

In 2018, the company unsuccessfully entered talks to sell majority control of McAfee to minority stakeholder Thoma Bravo.[35] In 2018, McAfee also expanded its Security Innovation Alliance partnerships to include companies such as Atos, CyberX, Fidelis Cyber-security, Aujas, and Silver Peak.[36]

In July 2019, McAfee began meeting with bankers to discuss returning to the market as an IPO.[37] As an IPO, the company was estimated to be valued at $8 billion or higher. However, no deal or decision to join the public market was confirmed.[38]

Near the end of 2019, McAfee partnered with Google Cloud to integrate McAfee’s Mvision Cloud and endpoint security technology with Google’s cloud infrastructure.[39]

In October 2020, McAfee and its shareholders raised $740 million in the initial public offering and valued at about $8.6 billion based on the outstanding shares listed in its prospectus. McAfee shares were traded on the NASDAQ stock exchange under ticker symbol MCFE, marked its return to the public market after 9 years.[40] In 2020, former McAfee CEO Chris Young left his position and was replaced by Peter Leav.[41] However, the stock was delisted from NASDAQ and the company was taken private again in March 2022 by a multi-national investor group under the Advent International Corporation, consisting of the Canada Pension Plan, the Singaporean GIC Private Limited, and the Abu Dhabi Investment Authority.[42]

In May 2022, Peter Leav stepped down and McAfee named Greg Johnson its new CEO.[43]

Products edit

McAfee primarily develops digital-security tools for personal computers and server devices, and more recently,[when?] for mobile devices.

McAfee brands, products and sub-products include:

Current products
  • McAfee Total Protection[44]
  • McAfee LiveSafe[45]
  • McAfee Safe Connect VPN[46]
  • McAfee Mobile Security for Android[47]
  • McAfee Mobile Security for iOS[48]
  • McAfee Virus Removal Service[49]
  • McAfee Identity Theft Protection[50]
  • McAfee Gamer Security[51]
  • McAfee Safe Family[52]
  • McAfee DAT Reputation Technology[53]
  • McAfee Small Business Security[54]
  • McAfee Personal data clean-up[55]
Renamed products
  • McAfee VirusScan Enterprise (Changed from McAfee VirusScan)[56]
  • McAfee Network Security Platform (Changed from IntruShield)[57]
  • McAfee Application and Change Control (Changed from McAfee Change Control)[58]
  • McAfee WebAdvisor instead of SiteAdvisor[44]
Former products
  • McAfee E-Business Servers
  • McAfee Entercept[59]

Acquisitions edit

Dr Solomon's Group plc

On June 9, 1998, Network Associates agreed to acquire Dr Solomon's Group plc, the leading European manufacturer of antivirus software, for $642 million in stock.[60][61]

IntruVert Networks

On April 2, 2003, McAfee acquired IntruVert Networks for $100 million. According to Network World, "IntruVert's technology focus is on intrusion-prevention, which entails not just detecting attacks, but blocking them. The IntruVert product line can be used as a passive intrusion-detection system, just watching and reporting, or it can be used in the intrusion-prevention mode of blocking a perceived attack."[62]

Foundstone

In August 2004, McAfee agreed to acquire Foundstone, a vendor of security consulting, training, and vulnerability management software, for $86 million.[63]

SiteAdvisor

On April 5, 2006, McAfee bought out SiteAdvisor for a reputed $70 million[64] in competition with Symantec, a service that warns users if downloading software or filling out forms on a site may obtain malware or spam.

Preventsys

On June 6, 2006, McAfee announced that it would acquire Preventsys, a California-based company offering security risk management products. The acquisition cost McAfee under $10 million.[65]

Onigma Ltd

On October 16, 2006, McAfee announced that it would acquire Israel based Onigma Ltd for $20 million.[66] Onigma provides host-based data leakage protection software that prevents intentional and unintentional leakage of sensitive data by internal users.

SafeBoot Holding B.V.

On October 8, 2007, McAfee announced it would acquire SafeBoot Holding B.V. for $350 million.[67] SafeBoot provided mobile data security solutions that protected data, devices, and networks against the risk associated with loss, theft, and unauthorized access. Through the acquisition, McAfee became the only vendor to deliver endpoint, network, web, email and data security, as well as risk and compliance solutions. Gerhard Watzinger, CEO of SafeBoot, joined McAfee to lead the Data Protection product business unit.[68] The deal closed on November 19, 2007.

ScanAlert

On October 30, 2007, McAfee announced plans to acquire ScanAlert for $51 million. The acquisition integrated ScanAlert's Hacker Safe service and McAfee's SiteAdvisor rating system to attack website security from both sides.[69] It was the industry's first service to help consumers stay safe as they searched, surfed and shopped. The deal closed on February 7, 2008.[70]

Reconnex

On July 31, 2008, McAfee announced it would acquire Reconnex, a maker of data protection appliances and software. Reconnex sold data loss prevention software, designed to prevent sensitive documents and data from leaving corporate networks.[71] The acquisition added content awareness to McAfee's data security portfolio.[72] The $46 million deal closed on August 12, 2008.

Secure Computing

On September 22, 2008, McAfee announced an agreement to acquire Secure Computing, a company specializing in network security hardware, services, and software products. The acquisition expanded McAfee's business in securing networks and cloud computing services to offer a more comprehensive brand of products. The deal closed on November 19, 2008 at a price of $497 million.[73]

Endeavor

In January 2009, McAfee announced plans to acquire Endeavor Security, a privately held maker of IPS/IDS technology.[74] The deal closed in February 2009 for a total purchase price of $3.2 million.

Solidcore Systems

On May 15, 2009, McAfee announced its intention acquire Solidcore Systems, a privately held security company, for $33 million.[75] Solidcore was a maker of software that helped companies protect ATMs and other specialized computers. The acquisition integrated Solidcore's whitelisting and compliance enforcement mechanisms into the McAfee product line.[76] The deal closed on June 1, 2009.[77]

MX Logic

On July 30, 2009, McAfee announced plans to acquire managed email and web security vendor MX Logic. The acquisition provided an enhanced range of SaaS-based security services such as cloud-based intelligence, web security, email security, endpoint security and vulnerability assessment.[78] The deal closed on September 1, 2009 at a price of $140 million.[79] MX Logic staff were integrated into McAfee's SaaS business unit.

Trust Digital

On May 25, 2010, McAfee announced a definitive agreement to acquire Trust Digital, a privately held online security company that specialized in security for mobile devices. The acquisition allowed McAfee to extend its services beyond traditional endpoint security and move into the mobile security market.[80] The acquisition closed on June 3, 2010.[81] The price for Trust Digital was not disclosed.[82]

TenCube

On July 29, 2010, McAfee announced a definitive agreement to acquire tenCube, a privately held online security company that specialized in anti-theft and data security for mobile devices.[83] The acquisition allowed McAfee to complete its diversification into the mobile security space, and announce its plans to build the next generation mobile platform. The acquisition closed on August 25, 2010.

Sentrigo

On March 23, 2011, McAfee announced its intention to acquire privately owned Sentrigo,[84] a leading provider of database security, including vulnerability management, database activity monitoring, database audit, and virtual patching—which ensure databases are protected without impacting performance or availability. The acquisition enabled McAfee to extend its database security portfolio. The acquisition closed on April 6, 2011.[85][86]

NitroSecurity

On October 4, 2011, McAfee announced its intention to acquire privately owned NitroSecurity,[87] a developer of high-performance security information and event management (SIEM) solutions that protect critical information and infrastructure. NitroSecurity solutions reduce risk exposure and increase network and information availability by removing the scalability and performance limitations of security information management. The acquisition closed on November 30, 2011.[88]

ValidEdge

On February 26, 2013, McAfee announced it had acquired the ValidEdge sandboxing technology.[89]

Stonesoft

On July 8, 2013 McAfee completed the tender offer for Finnish network firewall design company Stonesoft Oyj worth $389 million in cash, or about $6.09 a share.[90] The Next Generation Firewall business acquired from Stonesoft was divested to Forcepoint in January 2016.[91][92]

PasswordBox

On December 1, 2014, Intel Security announced the acquisition of PasswordBox, a Montreal-based provider of digital identity management solutions. Financial terms were not disclosed.[93]

Skyhigh Networks

In November 2017, McAfee acquired Skyhigh Networks, a CASB security company.[94] The acquisition closed January 3, 2018.[95] In March 2021, Symphony Technology Group acquired McAfee Enterprise, including Skyhigh Networks. In January 2022, STG announced that McAfee Enterprise's security service edge (SSE) business would operate as a separate company to be known as Skyhigh Security, built on McAfee Enterprise and Skyhigh Networks.[96]

TunnelBear

In March 2018, McAfee acquired TunnelBear, a Canadian VPN service.[97]

Uplevel Security

In July 2019, Uplevel Security, a data analytics company using graph theory and machine learning, announced it had been acquired by McAfee.[98]

NanoSec

In August 2019, McAfee acquired NanoSec, a container security company.[99]

Lightpoint Security

In March 31, 2020, McAfee acquired Lightpoint Security,[100] which will extend the capabilities of multiple McAfee products. The amount of this acquisition remains undisclosed.[101]

 
McAfee building in North Sydney

Controversies edit

Channel stuffing lawsuit

On January 4, 2006, the Securities and Exchange Commission filed suit against McAfee for overstating its 1998–2000 net revenue by US$622,000,000.[102] Without admitting any wrongdoing, McAfee simultaneously settled the complaint, and agreed to pay a $50 million penalty and rework its accounting practices.[103] The fine was for accounting fraud; known as channel stuffing that served to inflate their revenue to their investors.[103]

SEC investigation into share options

In October 2006, McAfee fired its president Kevin Weiss,[104] and its CEO George Samaneuk resigned under the cloud of a recent SEC investigation which also caused the departure of Kent Roberts, the General Counsel, earlier in the year. In late December 2006 both Weiss and Samaneuk had share option grant prices revised upwards by McAfee's board. Weiss and Roberts were both exonerated by an arbitrator of all wrongdoing from the claims of McAfee in 2009.[105][106][107]

DAT 5958 update

On April 21, 2010, beginning at approximately 14:00 UTC, millions of computers worldwide running Windows XP Service Pack 3 were affected by an erroneous virus definition file update by McAfee, resulting in the removal of a Windows system file (svchost.exe) on those machines, causing machines to lose network access and, in some cases, enter a reboot loop. McAfee rectified this by removing and replacing the faulty DAT file, version 5958, with an emergency DAT file, version 5959 and has posted a fix for the affected machines in their consumer knowledge base.[108][109] The University of Michigan's medical school reported that 8,000 of its 25,000 computers crashed. Police in Lexington, Ky., resorted to hand-writing reports and turned off their patrol car terminals as a precaution. Some jails canceled visitation, and Rhode Island hospitals turned away non-trauma patients at emergency rooms and postponed some elective surgeries.[110] Australian supermarket Coles reported that 10% (1,100) of its point-of-sales terminals were affected and was forced to shut down stores in both western and southern parts of the country.[111] As a result of the outage, McAfee implemented additional QA protocols for any releases that directly impacted critical system files. The company also rolled out additional capabilities in Artemis that provide another level of protection against false positives by leveraging a whitelist of hands-off system files.[112]

DAT 6807-6808 update

In August 2012, an issue with an update to McAfee antivirus for home and enterprise computers turned off the antivirus protection and, in many cases, prevented connection to the Internet. McAfee was criticized for being slow to address the problem, forcing network operations to spend time diagnosing the issue.[113]

See also edit

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  111. ^ "McAfee bug forces Aussie store closures". ZDNer. April 22, 2010. Retrieved June 26, 2020.
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  113. ^ "McAfee Antivirus Update Causes Problems for Home and Enterprise Customers". PCWorld. Archived from the original on August 10, 2022. Retrieved April 30, 2013.

External links edit

 
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February 16, 2024
mcafee, other, uses, disambiguation, corp, formerly, known, associates, from, 1987, 1997, 2004, 2014, network, associates, from, 1997, 2004, intel, security, group, from, 2014, 2017, american, global, computer, security, software, company, headquartered, jose,. For other uses see McAfee disambiguation McAfee Corp ˈ m ae k e f iː MA ke fee 4 5 formerly known as McAfee Associates Inc from 1987 to 1997 and 2004 to 2014 Network Associates Inc from 1997 to 2004 and Intel Security Group from 2014 to 2017 is an American global computer security software company headquartered in San Jose California McAfee Corp Logo used since 2017Headquarters in Santa Clara CaliforniaCompany typePrivateIndustryComputer softwarePredecessorIntel Security Group spun off Founded1987 37 years ago 1987 1 as McAfee Associates Inc 2017 7 years ago 2017 as McAfee LLCFounderJohn McAfeeHeadquartersSan Jose California U S Area servedWorldwideKey peopleGreg Johnson president and CEO ProductsCybersecurity softwareServicesComputer securityRevenueUS 1 92 billion 2021 2 OwnerAdvent InternationalPermiraNumber of employees1 800 2023 3 WebsiteMcafee comThe company was purchased by Intel in February 2011 6 7 8 and became part of the Intel Security division In 2017 Intel had a strategic deal with TPG Capital and converted Intel Security into a joint venture between both companies called McAfee 9 10 Thoma Bravo took a minority stake in the new company and Intel retained a 49 stake 11 12 The owners took McAfee public on the NASDAQ in 2020 and in 2022 an investor group led by Advent International Corporation took it private again 13 Contents 1 History 1 1 1987 1999 1 2 2000 2009 1 3 2010 present 2 Products 3 Acquisitions 4 Controversies 5 See also 6 References 7 External linksHistory edit nbsp Former McAfee logo with the Intel byline1987 1999 edit The company was founded in 1987 as McAfee Associates named for its founder John McAfee who resigned from the company in 1994 14 McAfee was incorporated in the state of Delaware in 1992 In 1993 McAfee stepped down as head of the company taking the position of chief technology officer before his eventual resignation Bill Larson was appointed CEO in his place Network Associates was formed in 1997 as a merger of McAfee Associates Network General PGP Corporation and Helix Software In 1996 McAfee acquired Calgary Alberta Canada based FSA Corporation which helped the company diversify its security offerings away from just client based antivirus software by bringing on board its own network and desktop encryption technologies The FSA team also oversaw the creation of a number of other technologies that were leading edge at the time including firewall file encryption and public key infrastructure product lines While those product lines had their own individual successes including PowerBroker written by Dean Huxley and Dan Freedman and now sold by BeyondTrust the growth of antivirus ware always outpaced the growth of the other security product lines It is fair to say that McAfee remains best known for its anti virus and anti spam products Among other companies bought and sold by McAfee is Trusted Information Systems which developed the Firewall Toolkit the free software foundation for the commercial Gauntlet Firewall which was later sold to Secure Computing Corporation McAfee acquired Trusted Information Systems under the banner of Network Associates in 1998 McAfee as a result of brief ownership of TIS Labs NAI Labs Network Associates Laboratories McAfee Research was highly influential in the world of open source software as that organization produced portions of the Linux FreeBSD and Darwin operating systems and developed portions of the BIND name server software and SNMP version 3 citation needed 2000 2009 edit In 2000 McAfee Network Associates was the leading authority in educating and protecting people against the Love Bug or ILOVEYOU virus one of the most destructive computer viruses in history 15 At the end of 2000 CEO Bill Larson President Peter Watkins and CFO Prabhat Goyal all resigned after the company sustained losses 16 Company president Gene Hodges served as interim CEO before George Samenuk was appointed CEO in 2001 17 18 The company returned to its original name in July 2004 19 It restructured beginning with the sale of its Magic Solutions business to Remedy a subsidiary of BMC Software early in the year 20 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 21 In 2006 Dale Fuller became interim CEO when Samenuk resigned and President Kevin Weiss was fired after the company was accused of questionable stock options practices 22 David DeWalt took over as CEO on April 2 2007 23 In 2007 McAfee launched the Security Innovation Alliance SIA a program focused on cultivating partnerships with other tech companies and integrating third party technology with McAfee s security and compliance risk management technology 24 On March 11 2008 McAfee announced a license agreement with the US Department of Defense This agreement allowed the DoD to integrate McAfee s Virus Scan Enterprise and Anti Spyware Enterprise into the Defense Information Systems Agency s cyber security solutions 25 2010 present edit On August 19 2010 Intel announced that it would purchase McAfee for 48 a share in a deal valued at 7 68 billion 26 27 In September 2016 Intel announced their strategic partnership with TPG to turn McAfee into an independent cyber security company as a joint venture That deal closed on April 3 2017 28 CEO David DeWalt resigned in 2011 and McAfee appointed Michael DeCesare and Todd Gebhart as co presidents 29 In 2011 McAfee also partnered with SAIC to develop anti cyber espionage products for use by government and intelligence agencies along with telecommunications companies 30 On January 6 2014 Intel CEO Brian Krzanich announced during the Consumer Electronics Show the name change from McAfee Security to Intel Security The company s red shield logo would remain with the firm continuing to operate as a wholly owned Intel subsidiary 31 John McAfee who no longer had any involvement in the company expressed his pleasure at his name no longer being associated with the software However as of 2016 the products still bore the McAfee name On September 7 2016 Intel sold its majority stake to TPG and entered into an agreement with TPG to turn Intel Security into a jointly owned independent cyber security company with the McAfee name 32 After the deal between the two companies closed the company was spun back out of Intel on April 4 2017 33 Chris Young assumed the CEO position as the company became an independent entity 34 In 2018 the company unsuccessfully entered talks to sell majority control of McAfee to minority stakeholder Thoma Bravo 35 In 2018 McAfee also expanded its Security Innovation Alliance partnerships to include companies such as Atos CyberX Fidelis Cyber security Aujas and Silver Peak 36 In July 2019 McAfee began meeting with bankers to discuss returning to the market as an IPO 37 As an IPO the company was estimated to be valued at 8 billion or higher However no deal or decision to join the public market was confirmed 38 Near the end of 2019 McAfee partnered with Google Cloud to integrate McAfee s Mvision Cloud and endpoint security technology with Google s cloud infrastructure 39 In October 2020 McAfee and its shareholders raised 740 million in the initial public offering and valued at about 8 6 billion based on the outstanding shares listed in its prospectus McAfee shares were traded on the NASDAQ stock exchange under ticker symbol MCFE marked its return to the public market after 9 years 40 In 2020 former McAfee CEO Chris Young left his position and was replaced by Peter Leav 41 However the stock was delisted from NASDAQ and the company was taken private again in March 2022 by a multi national investor group under the Advent International Corporation consisting of the Canada Pension Plan the Singaporean GIC Private Limited and the Abu Dhabi Investment Authority 42 In May 2022 Peter Leav stepped down and McAfee named Greg Johnson its new CEO 43 Products editMcAfee primarily develops digital security tools for personal computers and server devices and more recently when for mobile devices McAfee brands products and sub products include Current productsMcAfee Total Protection 44 McAfee LiveSafe 45 McAfee Safe Connect VPN 46 McAfee Mobile Security for Android 47 McAfee Mobile Security for iOS 48 McAfee Virus Removal Service 49 McAfee Identity Theft Protection 50 McAfee Gamer Security 51 McAfee Safe Family 52 McAfee DAT Reputation Technology 53 McAfee Small Business Security 54 McAfee Personal data clean up 55 Renamed productsMcAfee VirusScan Enterprise Changed from McAfee VirusScan 56 McAfee Network Security Platform Changed from IntruShield 57 McAfee Application and Change Control Changed from McAfee Change Control 58 McAfee WebAdvisor instead of SiteAdvisor 44 Former productsMcAfee E Business Servers McAfee Entercept 59 Acquisitions editDr Solomon s Group plcOn June 9 1998 Network Associates agreed to acquire Dr Solomon s Group plc the leading European manufacturer of antivirus software for 642 million in stock 60 61 IntruVert NetworksOn April 2 2003 McAfee acquired IntruVert Networks for 100 million According to Network World IntruVert s technology focus is on intrusion prevention which entails not just detecting attacks but blocking them The IntruVert product line can be used as a passive intrusion detection system just watching and reporting or it can be used in the intrusion prevention mode of blocking a perceived attack 62 FoundstoneIn August 2004 McAfee agreed to acquire Foundstone a vendor of security consulting training and vulnerability management software for 86 million 63 SiteAdvisorOn April 5 2006 McAfee bought out SiteAdvisor for a reputed 70 million 64 in competition with Symantec a service that warns users if downloading software or filling out forms on a site may obtain malware or spam PreventsysOn June 6 2006 McAfee announced that it would acquire Preventsys a California based company offering security risk management products The acquisition cost McAfee under 10 million 65 Onigma LtdOn October 16 2006 McAfee announced that it would acquire Israel based Onigma Ltd for 20 million 66 Onigma provides host based data leakage protection software that prevents intentional and unintentional leakage of sensitive data by internal users SafeBoot Holding B V On October 8 2007 McAfee announced it would acquire SafeBoot Holding B V for 350 million 67 SafeBoot provided mobile data security solutions that protected data devices and networks against the risk associated with loss theft and unauthorized access Through the acquisition McAfee became the only vendor to deliver endpoint network web email and data security as well as risk and compliance solutions Gerhard Watzinger CEO of SafeBoot joined McAfee to lead the Data Protection product business unit 68 The deal closed on November 19 2007 ScanAlertOn October 30 2007 McAfee announced plans to acquire ScanAlert for 51 million The acquisition integrated ScanAlert s Hacker Safe service and McAfee s SiteAdvisor rating system to attack website security from both sides 69 It was the industry s first service to help consumers stay safe as they searched surfed and shopped The deal closed on February 7 2008 70 ReconnexOn July 31 2008 McAfee announced it would acquire Reconnex a maker of data protection appliances and software Reconnex sold data loss prevention software designed to prevent sensitive documents and data from leaving corporate networks 71 The acquisition added content awareness to McAfee s data security portfolio 72 The 46 million deal closed on August 12 2008 Secure ComputingOn September 22 2008 McAfee announced an agreement to acquire Secure Computing a company specializing in network security hardware services and software products The acquisition expanded McAfee s business in securing networks and cloud computing services to offer a more comprehensive brand of products The deal closed on November 19 2008 at a price of 497 million 73 EndeavorIn January 2009 McAfee announced plans to acquire Endeavor Security a privately held maker of IPS IDS technology 74 The deal closed in February 2009 for a total purchase price of 3 2 million Solidcore SystemsOn May 15 2009 McAfee announced its intention acquire Solidcore Systems a privately held security company for 33 million 75 Solidcore was a maker of software that helped companies protect ATMs and other specialized computers The acquisition integrated Solidcore s whitelisting and compliance enforcement mechanisms into the McAfee product line 76 The deal closed on June 1 2009 77 MX LogicOn July 30 2009 McAfee announced plans to acquire managed email and web security vendor MX Logic The acquisition provided an enhanced range of SaaS based security services such as cloud based intelligence web security email security endpoint security and vulnerability assessment 78 The deal closed on September 1 2009 at a price of 140 million 79 MX Logic staff were integrated into McAfee s SaaS business unit Trust DigitalOn May 25 2010 McAfee announced a definitive agreement to acquire Trust Digital a privately held online security company that specialized in security for mobile devices The acquisition allowed McAfee to extend its services beyond traditional endpoint security and move into the mobile security market 80 The acquisition closed on June 3 2010 81 The price for Trust Digital was not disclosed 82 TenCubeOn July 29 2010 McAfee announced a definitive agreement to acquire tenCube a privately held online security company that specialized in anti theft and data security for mobile devices 83 The acquisition allowed McAfee to complete its diversification into the mobile security space and announce its plans to build the next generation mobile platform The acquisition closed on August 25 2010 SentrigoOn March 23 2011 McAfee announced its intention to acquire privately owned Sentrigo 84 a leading provider of database security including vulnerability management database activity monitoring database audit and virtual patching which ensure databases are protected without impacting performance or availability The acquisition enabled McAfee to extend its database security portfolio The acquisition closed on April 6 2011 85 86 NitroSecurityOn October 4 2011 McAfee announced its intention to acquire privately owned NitroSecurity 87 a developer of high performance security information and event management SIEM solutions that protect critical information and infrastructure NitroSecurity solutions reduce risk exposure and increase network and information availability by removing the scalability and performance limitations of security information management The acquisition closed on November 30 2011 88 ValidEdgeOn February 26 2013 McAfee announced it had acquired the ValidEdge sandboxing technology 89 StonesoftOn July 8 2013 McAfee completed the tender offer for Finnish network firewall design company Stonesoft Oyj worth 389 million in cash or about 6 09 a share 90 The Next Generation Firewall business acquired from Stonesoft was divested to Forcepoint in January 2016 91 92 PasswordBoxOn December 1 2014 Intel Security announced the acquisition of PasswordBox a Montreal based provider of digital identity management solutions Financial terms were not disclosed 93 Skyhigh NetworksIn November 2017 McAfee acquired Skyhigh Networks a CASB security company 94 The acquisition closed January 3 2018 95 In March 2021 Symphony Technology Group acquired McAfee Enterprise including Skyhigh Networks In January 2022 STG announced that McAfee Enterprise s security service edge SSE business would operate as a separate company to be known as Skyhigh Security built on McAfee Enterprise and Skyhigh Networks 96 TunnelBearIn March 2018 McAfee acquired TunnelBear a Canadian VPN service 97 Uplevel SecurityIn July 2019 Uplevel Security a data analytics company using graph theory and machine learning announced it had been acquired by McAfee 98 NanoSecIn August 2019 McAfee acquired NanoSec a container security company 99 Lightpoint SecurityIn March 31 2020 McAfee acquired Lightpoint Security 100 which will extend the capabilities of multiple McAfee products The amount of this acquisition remains undisclosed 101 nbsp McAfee building in North SydneyControversies editChannel stuffing lawsuitOn January 4 2006 the Securities and Exchange Commission filed suit against McAfee for overstating its 1998 2000 net revenue by US 622 000 000 102 Without admitting any wrongdoing McAfee simultaneously settled the complaint and agreed to pay a 50 million penalty and rework its accounting practices 103 The fine was for accounting fraud known as channel stuffing that served to inflate their revenue to their investors 103 SEC investigation into share optionsIn October 2006 McAfee fired its president Kevin Weiss 104 and its CEO George Samaneuk resigned under the cloud of a recent SEC investigation which also caused the departure of Kent Roberts the General Counsel earlier in the year In late December 2006 both Weiss and Samaneuk had share option grant prices revised upwards by McAfee s board Weiss and Roberts were both exonerated by an arbitrator of all wrongdoing from the claims of McAfee in 2009 105 106 107 DAT 5958 updateOn April 21 2010 beginning at approximately 14 00 UTC millions of computers worldwide running Windows XP Service Pack 3 were affected by an erroneous virus definition file update by McAfee resulting in the removal of a Windows system file svchost exe on those machines causing machines to lose network access and in some cases enter a reboot loop McAfee rectified this by removing and replacing the faulty DAT file version 5958 with an emergency DAT file version 5959 and has posted a fix for the affected machines in their consumer knowledge base 108 109 The University of Michigan s medical school reported that 8 000 of its 25 000 computers crashed Police in Lexington Ky resorted to hand writing reports and turned off their patrol car terminals as a precaution Some jails canceled visitation and Rhode Island hospitals turned away non trauma patients at emergency rooms and postponed some elective surgeries 110 Australian supermarket Coles reported that 10 1 100 of its point of sales terminals were affected and was forced to shut down stores in both western and southern parts of the country 111 As a result of the outage McAfee implemented additional QA protocols for any releases that directly impacted critical system files The company also rolled out additional capabilities in Artemis that provide another level of protection against false positives by leveraging a whitelist of hands off system files 112 DAT 6807 6808 updateIn August 2012 an issue with an update to McAfee antivirus for home and enterprise computers turned off the antivirus protection and in many cases prevented connection to the Internet McAfee was criticized for being slow to address the problem forcing network operations to spend time diagnosing the issue 113 See also editInternet Security Comparison of antivirus software Comparison of firewallsReferences edit About Us Home and Home Office Anti Virus Software McAfee mcafee com Retrieved May 15 2012 Global net revenue of McAfee Corp from 2018 to 2021 Statista Retrieved April 25 2021 McAfee Fact Sheet PDF January 2023 Retrieved December 17 2023 How do you stay safe online Live Your Live Online Confidently With McAfee McAfee March 2 2022 Retrieved May 12 2022 McAfee s all in one protection award winning antivirus to protect you from online threats McAfee March 2 2022 Retrieved May 12 2022 Palo Alto Networks is emerging as the lead vendor in the competitive network security market Analysys Mason July 20 2020 Retrieved September 23 2021 Intel in 7 68bn McAfee takeover BBC News August 19 2010 Intel Completes Acquisition of McAfee Intel Newsroom Retrieved September 23 2021 Merced Michael J de la Hardy Quentin September 7 2016 Intel Sells Majority Stake in McAfee Security Unit to TPG The New York Times ISSN 0362 4331 Retrieved September 23 2021 A Brand New McAfee Commits to Building a Safer Future Intel Newsroom Retrieved September 23 2021 Intel sells McAfee security unit to TPG September 7 2016 Retrieved September 30 2016 Intel completes McAfee spinoff to sighs of relief at both companies SiliconANGLE April 4 2017 Retrieved September 23 2021 Investor group led by Advent International and Permira completes acquisition of McAfee March 1 2022 Archived from the original on August 9 2022 Bernabeo Paul 2008 Inventors and Inventions Volume 4 Marshall Cavendish p 1033 ISBN 978 0761477679 Relations IT Public May 9 2000 Network Associates breaks heart of Love Bug ITWeb Retrieved July 23 2021 Bransten Lisa December 27 2000 Network Associates Warns of Loss CEO and Two Top Officers Quit The Wall Street Journal ISSN 0099 9660 Retrieved July 23 2021 GROSSMAN LEV May 15 2000 Time ISSN 0040 781X http content time com time world article 0 8599 2053699 00 html Retrieved December 15 2021 a href Template Cite magazine html title Template Cite magazine cite magazine a Missing or empty title help Darwin Trudy November 30 2018 IN MEMORIAM Bridgeworks Retrieved July 23 2021 Deals McAfee To Acquire Foundstone Technology Briefing The New York Times Bloomberg News August 17 2004 Retrieved June 25 2021 Subedi Bimal McAfee Subscription free trial for 6 months Subedibimal com np Bimal s Blog Retrieved June 14 2020 Computer Desktop Encyclopedia 1981 2018 McAfee TheFreeDictionary com Pennsylvania US The Computer Language Co Inc Retrieved May 7 2018 Flynn Laurie J October 12 2006 2 More Executives Resign Over Options The New York Times ISSN 0362 4331 Retrieved August 7 2021 Naraine Ryan McAfee gets fourth CEO in six years ZDNet Retrieved August 7 2021 Staff S C September 26 2007 McAfee launches Security Innovation Alliance SC Media Retrieved August 7 2021 StackPath www securityinfowatch com March 11 2008 Retrieved August 7 2021 Intel to Acquire McAfee Intel Corporation August 19 2010 Retrieved August 19 2010 Steve Johnson August 19 2010 2010 Intel to buy McAfee Chip giant to acquire software maker for 7 68B The Mercury News Mercurynews com Retrieved September 28 2016 Intel and TPG Announcement PDF Archived from the original PDF on July 26 2021 Retrieved August 18 2021 McAfee chief resigns to pursue non competitive CEO role VentureBeat July 12 2011 Retrieved August 18 2021 Espiner Tom Saic and McAfee team up on cyber espionage products ZDNet Retrieved August 18 2021 Harmsworth Vere January 7 2014 CES 2014 Intel s security rebranding sheds Mcafee name The Telegraph Archived from the original on January 12 2022 Retrieved January 5 2015 Merced Michael J de la Hardy Quentin September 7 2016 Intel Sells Majority Stake in McAfee Security Unit to TPG The New York Times ISSN 0362 4331 Retrieved August 18 2021 McAfee Returns to Its Roots After Intel Spin Out Time Inc April 4 2017 Retrieved April 11 2017 Incoming McAfee CEO Chris Young on his company s post Intel future TechCrunch September 9 2016 Retrieved August 19 2021 Canner Ben December 17 2018 Market News Will Intel Sell McAfee to Thoma Bravo Best Endpoint Security Protection Software and Vendors Retrieved August 19 2021 enterpriseitworld October 17 2018 McAfee reinforces Security Innovation Alliance with new Partnerships Enterprise IT World Retrieved August 19 2021 Newswires Dow Jones McAfee Readies Return to Public Markets www barrons com Retrieved August 19 2021 Mcafee to tap Morgan Stanley Bank of America for IPO Bloomberg August 27 2019 Retrieved August 19 2021 Google Cloud partners with Palo Alto McAfee and others to bolster security Cloud Computing News December 17 2019 Retrieved August 19 2021 McAfee s IPO Raises 740 Million in Return to Public Market Bloomberg October 22 2020 Retrieved November 23 2020 McAfee replaces CEO ahead of possible IPO FierceTelecom January 17 2020 Retrieved August 19 2021 Investor Group Led by Advent International and Permira Completes Acquisition of McAfee Press release Business Wire March 1 2022 Murphy Mike McAfee names Greg Johnson as new CEO MarketWatch Retrieved May 27 2022 a b McAfee Antivirus Review Is It Good Enough in 2021 SafetyDetectives McAfee LiveSafe Review PCMAG Simmons Jay H February 7 2019 McAfee Safe Connect Review read Gadgets 2 min May 21 2019 How Can You Install McAfee Mobile Security on Android a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Williams Mike November 2020 Brian Turner 12 November 12 2020 Best iPhone antivirus apps in 2021 top iOS security protection TechRadar a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Thomas King Does McAfee Remove Adware www techwalla com Retrieved December 15 2021 The Best Identity Theft Protection Digital Trends October 21 2020 McAfee Gamer Security Review PCMAG McAfee Safe Family Parental Control Review Parental Control Now Matthews Ian April 5 2019 SOVLED McAfee Removal Tool Uninstaller Up amp Running Technologies Tech How To s Norton vs Mcafee Antivirus Protection for Small Business Digital Trends July 19 2019 McAfee Launches Personal Data Cleanup to Help Customers Remove Personal Data from the Web Businesswire April 28 2022 Retrieved April 29 2022 Test McAfee VirusScan Enterprise 8 8 for Windows 8 150766 www av test org Inc Gartner McAfee s Network Security Platform IPS Reviews Ratings and Features Gartner 2021 Gartner a href Template Cite web html title Template Cite web cite web a last has generic name help dead link McAfee Application Change Control TechLibrary Juniper Networks www juniper net Garza Victor R October 1 2004 Entercept intercepts threats InfoWorld News Bridge June 10 1998 Company News Network Associates to Acquire Dr Solomon s The New York Times ISSN 0362 4331 Retrieved June 25 2020 Journal Scott Thurm and Matthew RoseStaff Reporters of The Wall Street June 10 1998 Network Associates Agrees to Buy Dr Solomon s in 670 Million Deal The Wall Street Journal ISSN 0099 9660 Retrieved June 25 2020 Messmer Ellen April 2 2003 Network Associates to buy IntruVert for 100 million Network World Archived from the original on May 11 2011 Retrieved April 22 2010 McAfee s Foundstone Acquisition Broadens Firm s Security Strategy wsj com August 17 2004 Service Robert McMillan and Idg News June 19 2006 McAfee sets e commerce boost for SiteAdvisor Network World Retrieved September 23 2021 Messmer Ellen June 6 2006 McAfee buys security software maker Preventsys International Data Group Network World Retrieved August 6 2020 Keizer Gregg October 16 2006 McAfee Acquires Leak Prevention Developer CRN Retrieved September 23 2021 McAfee acquires SafeBoot for endpoint encryption Searchsecurity techtarget com October 9 2007 McAfee completes SafeBoot acquisition Net security org November 20 2007 Archived from the original on January 5 2016 Retrieved October 31 2022 Prince Brian October 31 2007 McAfee Buys into Web Site Certification with ScanAlert Acquisition Eweek com Albanesius Chloe October 30 2007 McAfee Buys ScanAlert s Hacker Safe Tech Pcmag com McMillan Robert July 31 2008 McAfee to Buy Data Protection Vendor Reconnex Pcworld com permanent dead link McMillan Scmagazineus com Robert August 1 2008 McAfee picks up DLP maker Reconnex for 46 million Archived from the original on May 11 2011 McAfee acquires Secure Computing domain b com November 19 2008 Messmer Ellen July 31 2009 McAfee buys rival firm to boost services News techworld com Archived from the original on May 11 2011 Retrieved October 5 2010 Whitney Lance May 15 2009 McAfee to buy whitelisting vendor Solidcore CNET Retrieved June 26 2020 Messmer Ellen May 15 2009 McAfee to buy Solidcore for whitelisting technology Computerworld com McAfee Completes Acquisition of Solidcore Systems Update RTTNews Retrieved September 25 2021 McAfee adds MX Logic to its Global Threat Intelligence portfolio Infosecurity magazine com July 31 2009 McAfee Inc Completes Acquisition of MX Logic Westcon com au September 10 2009 Archived from the original on July 6 2011 Glass Kathryn May 25 2010 McAfee to Acquire Trust Digital Foray Into Mobile Security Foxbusiness com Archived from the original on May 27 2010 McAfee Inc Announces Support and Powerful Mobile Device Capabilities for Devices Running iOS 4 Marketwatch com July 1 2010 Messmer Ellen May 26 2010 McAfee buys smartphone security firm Trust Digital News techworld com Archived from the original on May 11 2011 Retrieved September 30 2010 Newsroom McAfee Archived from the original on February 19 2011 Business Wire March 23 2011 McAfee to Acquire Sentrigo to Enhance Database Security Portfolio Business Wire Retrieved May 15 2012 a href Template Cite web html title Template Cite web cite web a author has generic name help Shah Agam March 23 2011 Intel s McAfee unit to acquire Sentrigo Network World Retrieved September 23 2021 McAfee buys Sentrigo to enhance database security CRN Australia Retrieved September 23 2021 Fahmida Y Rashid October 4 2011 McAfee Buys SIEM Provider Nitro Security Eweek com Retrieved April 30 2013 permanent dead link Rashid Fahmida Y October 4 2011 McAfee Buys SIEM Provider Nitro Security eWEEK Retrieved September 23 2021 McAfee Sets a New Standard for Comprehensive Malware Protection Press release McAfee February 26 2013 Retrieved April 30 2013 McAfee Completes Tender Offer of Stonesoft Makes Next Generation Firewall Immediately Available Press release McAfee August 7 2013 Retrieved May 12 2014 Acquisition of Stonesoft McAfee Next Generation Firewall and Sidewinder McAfee Firewall Enterprise Forcepoint February 5 2016 Retrieved September 23 2021 Next Generation Firewall and Firewall Enterprise Divestiture www mcafee com Retrieved September 23 2021 Intel Acquires PasswordBox an Award Winning Digital Identity Manager Press release Intel December 1 2014 Retrieved December 21 2016 McAfee acquires cloud security startup Skyhigh Networks last valued at 400M November 27 2017 McAfee acquires Skyhigh Networks McAfee www mcafee com McAfee Enterprise cloud security biz relaunches as Skyhigh venturebeat com March 22 2022 Retrieved July 12 2022 Sawers Paul March 8 2018 McAfee acquires VPN provider TunnelBear VentureBeat Retrieved March 8 2018 uplevelsecurity July 1 2019 Uplevel is now part of McAfee Please see mcafee for future updates Tweet via Twitter Exclusive McAfee Is Acquiring NanoSec to Build Out Its Container Focused Cloud Security Services August 24 2019 Stiennon Richard McAfee Finally On The Right Path Forbes Retrieved June 9 2020 Light Point Security is being acquired by McAfee CIO Bulletin Archived from the original on June 9 2020 Retrieved June 9 2020 McAfee Inc Lit Rel No 19520 Press release US Securities and Exchange Commission January 4 2006 While engaging in this channel stuffing McAfee improperly recorded the sales to distributors as revenue a b SEC Charges McAfee Inc with Accounting Fraud McAfee Agrees to Settle and Pay a 50 Million Penalty Press Release No 2006 3 Securities and Exchange Commission January 4 2006 Retrieved April 1 2009 Mills Elinor August 21 2009 McAfee seeks gag on exec ousted over options CNET News Retrieved June 26 2020 Mills Elinor McAfee seeks gag on exec ousted over options CNET Retrieved September 23 2021 Journal A B A Jurors Acquitted Ex McAfee GC in Backdating Case Because of Intent Issues ABA Journal Retrieved September 23 2021 Mills Elinor Ex McAfee lawyer acquitted in stock options backdating trial CNET Retrieved September 23 2021 McAfee DAT 5958 Update Issues April 21 2010 Retrieved April 22 2010 Botched McAfee update shutting down corporate XP machines worldwide Engadget com April 21 2010 Archived from the original on April 22 2010 Retrieved April 22 2010 Declan McCullagh April 21 2010 Buggy McAfee update whacks Windows XP PCs CNET Retrieved June 26 2020 McAfee bug forces Aussie store closures ZDNer April 22 2010 Retrieved June 26 2020 McAfee apologizes for crippling PCs with bad update Computerworld com April 23 2010 McAfee Antivirus Update Causes Problems for Home and Enterprise Customers PCWorld Archived from the original on August 10 2022 Retrieved April 30 2013 External links edit nbsp Wikimedia Commons has media related to McAfee Official website Historical business data for McAfee Corp SEC filings Portals nbsp Companies nbsp San Francisco Bay Area Retrieved from https en wikipedia org w index php title McAfee amp oldid 1207836636, wikipedia, wiki, book, books, library,

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