McAfee announced it has entered into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group 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. The Enterprise business is a trusted partner for 86% of the Fortune 100 firms around the world and realized $1.3 billion in net revenue in fiscal year 2020. McAfee will retain its name and will continue its singular focus on delivering leading solutions to protect consumers.
Source: https://www.helpnetsecurity.com/2021/03/09/mcafee-stg/