Cybersecurity firm McAfee Corp. will sell its enterprise business unit to the private equity firm Symphony Technology Group for $4 billion cash. The transaction with STG, which already owns RSA, is expected to close at the end of 2021. About 4,600 McAfee workers, out of 6,900 currently on staff, would move to the new enterprise business under STG. About $1 billion of the sale’s proceeds will be used to pay down debt, McAfee President and CEO Peter Leav said.”]
Source: https://www.cuinfosecurity.com/mcafee-to-sell-enterprise-unit-for-4-billion-a-16144