McAfee underwhelms on return to stock exchange

Tom Wright
clock • 1 min read

Security vendor valued at just under $8bn

McAfee endured an underwhelming return to life as a public company, seeing its share price drop 6.5 per cent on its first day of trading. The cybersecurity vendor raised $740m by selling 37 mill...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
McAfee confirms $14bn sale to private equity consortium

Finance and M&A

Acquisition of McAfee by consortium led by Advent International and Permira Advisers is of the largest cybersecurity deals of all time

clock 09 November 2021 • 2 min read
McAfee nearing sale to private equity firms - reports

Finance and M&A

Various reports suggest McAfee is in talks with a consortium of private equity investors led by Advent International

clock 08 November 2021 • 1 min read
McAfee Enterprise and FireEye Products merge to create $2bn-revenue cybersecurity colossus

Vendor

The private equity firm bought both businesses this year and plans to form a cybersecurity behemoth

clock 01 October 2021 • 1 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Security

Welsh government launches UK's first national SOC

Welsh government launches UK's first national SOC

Welsh government unveils new scheme to protect its public sector organisations and the data of its citizens from cyberattacks

Kelsey Rees
clock 10 May 2024 • 2 min read
Cybersecurity Festival 2024: Four ways to cut your cyber insurance premiums

Cybersecurity Festival 2024: Four ways to cut your cyber insurance premiums

Certifications mean nothing without action

clock 09 May 2024 • 4 min read
Industry Voice: What MSPs need to know about a multi-layered security strategy

Industry Voice: What MSPs need to know about a multi-layered security strategy

Scott Tyson, Sophos
clock 07 May 2024 • 4 min read