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McAfee history
McAfee company history timeline
In January 2006, McAfee agreed to pay a fine of US$50 million to the SEC for accounting fraud known as channel stuffing that served to inflate their revenue to their investors.
On November 19, 2007, McAfee agreed to purchase SafeBoot for $350 million.
McAfee announced the Security Innovation Alliance (SIA) in 2007, a programme aimed at forging collaborations with other tech businesses and combining third-party technologies with McAfee’s security and risk management technology.
McAfee announced a licencing deal with the US Department of Defence in March 2008.
On September 22, 2008, McAfee announced its intention to acquire Secure Computing.
In July 2009, McAfee acquired managed email and web security vendor MX Logic.
On August 19, 2010, Intel announced that it would buy McAfee for $48 a share in a deal valued at $7.68 billion.
In October 2011, McAfee acquired privately owned NitroSecurity, a developer of high-performance security information and event management (SIEM) solutions that protect critical information and infrastructure.
In July 2013, McAfee completed the tender offer for Finnish network firewall design company Stonesoft Oyj worth $389 million in cash.
With its Secure Home Platform, it entered the consumer Internet of Things industry in 2017.
In 2019, when the company went public, it was estimated to be worth $8 billion or more.
In March 2020, McAfee acquired Lightpoint Security, which will extend the capabilities of multiple McAfee products.
In an IPO in October 2020, McAfee and its investors collected $740 million, valuing the business at about $8.6 billion based on the shares declared in the prospectus.
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McAfee competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fortinet | 2000 | $6.0B | 9,700 | 272 |
| Akvelon | 2000 | $7.8M | 87 | - |
| Workday | 2005 | $8.4B | 12,500 | 138 |
| Esri | 1969 | $1.1B | 3,801 | 330 |
| Brocade Services Corporation | 1979 | $2.3B | 1,011 | - |
| VMware | 1998 | $13.4B | 31,000 | 2 |
| Rational Enterprise | 2006 | $3.4M | 64 | - |
| F5 | 1996 | $2.8B | 6,550 | 184 |
| FireEye | 2004 | $831.0M | 3,000 | - |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
McAfee history FAQs
Zippia gives an in-depth look into the details of McAfee, including salaries, political affiliations, employee data, and more, in order to inform job seekers about McAfee. The employee data is based on information from people who have self-reported their past or current employments at McAfee. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by McAfee. The data presented on this page does not represent the view of McAfee and its employees or that of Zippia.
McAfee may also be known as or be related to McAfee, McAfee Security LLC, McAfee Security, LLC, McAfee, LLC and Mcafee.