Who owns McAfee now?

In March 2021, Symphony Technology Group (STG) made a significant announcement. It revealed its intention to acquire McAfee Enterprise in an all-cash deal valued at US$4.0 billion. This move underscored STG's commitment to expanding its portfolio in the technology sector.

The acquisition of McAfee Enterprise by STG was a strategic decision aimed at bolstering STG's offerings in the cybersecurity space. McAfee Enterprise, known for its robust security solutions, was a prime target for STG due to its strong market presence and reputation.

As planned, STG successfully completed the acquisition of McAfee's Enterprise business in July 2021. This milestone marked the official integration of McAfee Enterprise into STG's operations. With the acquisition finalized, STG began laying the groundwork for re-branding the acquired business.

In parallel to its acquisition of McAfee Enterprise, STG also struck another deal in June 2021. It acquired FireEye's name and products business for $1.2 billion. This acquisition further diversified STG's portfolio and strengthened its position in the cybersecurity market.

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