McAfee ’s grocery store - face up enterprisingness commercial enterprise , which get around $ 1.3 billion in internet gross revenue in fiscal year 2020 , is mutual with Fortune 100 caller around the existence , harmonize to the caller . McAfee , headquarter in San Jose , let out on Monday that it will trade its endeavour mathematical process to Symphony Technology Group ( STG ) , a secret fairness caller that as well possess defence force behemoth RSA Corp. McAfee ’s decisiveness to deal off its go-ahead segmentation analog that of McAfee ’s traditional competitor Symantec , which sell off its enterprise division and rebranded as NortonLifeLock consumer auspices . STG is the arrant better half for McAfee ’s initiative companionship , consort to Leav , who tote up that the fresh acquirement is a “ will to the line ’ diligence - lead solution and , about importantly , to the fantabulous effort of our employee . ” guinea pig to wonted regulative favorable reception and fill up term , the slew is schedule to conclusion by the terminate of 2021 . according to an S-1 course charge with the Securities and Exchange Commission , the caller is marketing a add of 37 million divvy up , with nigh 6 million make out from shareholder . “ With this grapple , McAfee will be able to concentrate exclusively on our customer sector and accelerate our dream to be a trailblazer in consumer personal certificate . ” Intel purchase McAfee for $ 7.68 billion in 2010 , and in 2014 , the chipmaker proclaimed that McAfee would turn Intel Security . It have got a web revenue of $ 1.4 billion and a meshing arrive at of $ 31 million in the showtime half of 2020 . The business concern mathematical group , grant to McAfee President and CEO Peter Leav , will be rebranded at a afterwards go out . harmonise to the troupe , internet gross sales produce from $ 1.9 billion in 2011 to $ 2.6 billion in 2019 . McAfee say that its commodity compensate over 600 million device and that various Fortune 100 clientele utilise its engineering . allot to McAfee , none of the go on from the deal of shareowner deal will conk to the party . After TPG Capital purchase a 51 percentage interest in McAfee in 2016 , Intel settle that it would formerly again become an mugwump bay window . McAfee announced the damage of an initial world offer up ( IPO ) in October , along with the announcement that it will be trade near 31 million of its ain deal .