Intel Security

Intel Security Group
Wholly owned subsidiary
Industry Security software
Founded 1987 (1987)[1] as McAfee Associates, Inc.
Founder John McAfee
Headquarters 2821 Mission College Blvd.[2] Santa Clara, California
Area served
Worldwide
Key people
Chris Young
(Senior Vice President & General Manager)
Products Cloud Security, Data Protection, Database Security, Email & Web Security, Endpoint Protection, Mobile Security, Network Security, Risk & Compliance, Security-as-a-Service (Security SaaS), Security Management, Security Information and Event Management (SIEM), Server Security
Number of employees
7,500 (2015)
Parent Intel
Website www.mcafee.com

Intel Security Group (previously McAfee, Inc. /ˈmækəf/[3]) is an American global computer security software company headquartered in Santa Clara, California, and the world's largest dedicated security technology company.[4]

The company has been a wholly owned subsidiary of Intel since February 2011,[5][6] and now forms part of its Intel Security division.

On September 7, 2016, Intel announced a strategic deal with TPG Capital to convert Intel Security into a joint venture between Intel and TPG Capital called McAfee.[7] TPG Capital will be the majority owner with 51% of McAfee.[8]

History

Intel still uses the McAfee name and brand for products.

Early years

The company was founded in 1987 as McAfee Associates, named for its founder John McAfee, who resigned from the company in 1994.[9] McAfee was incorporated in the state of Delaware in 1992. Network Associates was formed in 1997 as a merger of McAfee Associates, Network General, PGP Corporation and Helix Software.

The company restructured in 2004, beginning with the sale of its Magic Solutions business to Remedy, a subsidiary of BMC Software early in the year. In mid-2004, the company sold the Sniffer Technologies business to a venture capital backed firm named Network General (the same name as the original owner of Sniffer Technologies), and changed its name back to McAfee to reflect its focus on security-related technologies.

Open source

Among other companies bought and sold by McAfee is Trusted Information Systems, which developed the Firewall Toolkit, the free software foundation for the commercial Gauntlet Firewall, which was later sold to Secure Computing Corporation.

McAfee, as a result of brief ownership of TIS Labs/NAI Labs/Network Associates Laboratories/McAfee Research, was highly influential in the world of Open Source software, as that organization produced portions of the Linux, FreeBSD, and Darwin operating systems, and developed portions of the BIND name server software and SNMP version 3.

Encryption technologies

McAfee had acquired Calgary, Alberta, Canada-based FSA Corporation, which helped the company diversify its security offerings away from just client-based antivirus software by bringing on board its own network and desktop encryption technologies.

The FSA team also oversaw the creation of a number of other technologies that were leading edge at the time, including firewall, file encryption, and public key infrastructure product lines. While those product lines had their own individual successes including PowerBroker (written by Dean Huxley and Dan Freedman and now sold by BeyondTrust), the growth of antivirus ware always outpaced the growth of the other security product lines. It is fair to say that McAfee remains best known for its anti-virus and anti-spam product lines.

Acquisition by Intel

On August 19, 2010, Intel announced that it would purchase McAfee for $48 a share in a deal valued at $7.68 billion.[10][11]

On January 6, 2014, Intel CEO Brian Krzanich announced during the Consumer Electronics Show the name change from McAfee Security to Intel Security. The company's red shield logo will remain and the firm will continue to operate as a wholly owned Intel subsidiary.[12] John McAfee, who no longer has any interest in the company, expressed his pleasure at his name no longer being associated with the software. "I am now everlastingly grateful to Intel for freeing me from this terrible association with the worst software on the planet. These are not my words, but the words of millions of irate users."[13] However, as of 2016 the products still bear the name McAfee.

Products

McAfee products are primarily digital security tools for personal computers and server devices, and more recently, mobile devices.

Consumer products:[14]

Business products:[18]

Security as a service products for businesses:[22]

Data center products:

Data security products:

Network security hardware appliances:[28]


SIEM appliances:

Mergers and acquisitions

Stonesoft acquisition
On July 8, 2013 McAfee completed the tender offer for Finnish network firewall design company Stonesoft Oyj worth $389 million in cash, or about $6.09 a share.[35] The Next Generation Firewall business acquired from Stonesoft was divested to Forcepoint in January 2016.
ValidEdge acquisition
On February 26, 2013 McAfee announced it had acquired the ValidEdge sandboxing technology.[36]
NitroSecurity acquisition
On October 4, 2011, McAfee announced its intention to acquire privately owned NitroSecurity,[37] NitroSecurity develops high-performance security information and event management (SIEM) solutions that protect critical information and infrastructure. NitroSecurity solutions reduce risk exposure and increase network and information availability by removing the scalability and performance limitations of security information management. The acquisition closed on November 30, 2011.
Sentrigo acquisition
On March 23, 2011, McAfee announced its intention to acquire privately owned Sentrigo,[38] a leading provider of database security, including vulnerability management, database activity monitoring, database audit, and virtual patching—which ensure databases are protected without impacting performance or availability. The acquisition enables McAfee to extend its database security portfolio. The acquisition closed on April 6, 2011.[39]
tenCube acquisition
On July 29, 2010, McAfee announced a definitive agreement to acquire tenCube, a privately held online security company that specialized in anti-theft and data security for mobile devices.[40] The acquisition allowed McAfee to complete its diversification into the mobile security space, and announce its plans to build the next generation mobile platform. The acquisition closed on August 25, 2010.
Trust Digital acquisition
On May 25, 2010, McAfee announced a definitive agreement to acquire Trust Digital, a privately held online security company that specialized in security for mobile devices. The acquisition allowed McAfee to extend its services beyond traditional endpoint security and move into the mobile security market.[41] The acquisition closed on June 3, 2010.[42] The price for Trust Digital was not disclosed[43]
MX Logic acquisition
On July 30, 2009, McAfee announced plans to acquire managed email and web security vendor MX Logic. The acquisition provided an enhanced range of SaaS-based security services such as cloud-based intelligence, web security, email security, endpoint security and vulnerability assessment.[44] The deal closed on September 1, 2009 at a price of $140 million.[45] MX Logic staff has been integrated into McAfee's SaaS business unit.
Solidcore Systems acquisition
On May 15, 2009, McAfee announced its intention acquire Solidcore Systems, a privately held security company, for $33 million.[46] Solidcore was a maker of software that helped companies protect ATMs and other specialized computers. The acquisition integrated Solidcore's whitelisting and compliance enforcement mechanisms into the McAfee product line.[47] The deal closed on June 1, 2009.
Endeavor acquisition
In January 2009, McAfee announced plans to acquire Endeavor Security, a privately held maker of IPS/IDS technology.[48] The deal closed in February 2009 for a total purchase price of $3.2 million.
Secure Computing acquisition
On September 22, 2008, McAfee announced an agreement to acquire Secure Computing, a company specializing in network security hardware, services, and software products. The acquisition expanded McAfee's business in securing networks and cloud computing services to offer a more comprehensive brand of products. The deal closed on November 19, 2008 at a price of $497 million.[49]
Reconnex acquisition
On July 31, 2008, McAfee announced it would acquire Reconnex, a maker of data protection appliances and software. Reconnex sold data loss prevention software, designed to prevent sensitive documents and data from leaving corporate networks.[50] The acquisition added content awareness to McAfee's data security portfolio.[51] The $46 million deal closed on August 12, 2008.
ScanAlert acquisition
On October 30, 2007, McAfee announced plans to acquire ScanAlert for $51 million. The acquisition integrated ScanAlert's Hacker Safe service and McAfee's SiteAdvisor rating system to attack website security from both sides.[52] It was the industry's first service to help consumers stay safe as they searched, surfed and shopped. The deal closed on February 7, 2008.[53]
SafeBoot Holding B.V. acquisition
On October 8, 2007, McAfee announced it would acquire SafeBoot Holding B.V. for $350 million.[54] SafeBoot provided mobile data security solutions that protected data, devices, and networks against the risk associated with loss, theft, and unauthorized access. Through the acquisition, McAfee became the only vendor to deliver endpoint, network, web, email and data security, as well as risk and compliance solutions. Gerhard Watzinger, CEO of SafeBoot, joined McAfee to lead the Data Protection product business unit.[55] The deal closed on November 19, 2007.
Onigma Ltd acquisition
On October 16, 2006, McAfee announced it would acquire Israel based Onigma Ltd for $20 million.[56] Onigma provides host-based data leakage protection software that prevents intentional and unintentional leakage of sensitive data by internal users.
SiteAdvisor acquisition
On April 5, 2006, McAfee bought out SiteAdvisor for a reputed $70 million[57] in competition with Symantec, a service that warns users if downloading software or filling out forms on a site may obtain malware or spam.
IntruVert Networks acquisition
On April 2, 2003, McAfee acquired IntruVert Networks for $100 million. According to Network World, "IntruVert's technology focus is on intrusion-prevention, which entails not just detecting attacks, but blocking them. The IntruVert product line can be used as a passive intrusion-detection system, just watching and reporting, or it can be used in the intrusion-prevention mode of blocking a perceived attack."[58]
Dr Solomon's Group PLC acquisition
On June 9, 1998, Network Associates agreed to acquire Dr Solomon's Group PLC, the leading European manufacturer of antivirus software, for $642 million in stock.
Foundstone acquisition
In August 2004, McAfee agreed to acquire Foundstone, a vendor of security consulting, training, and vulnerability management software, for $86 million. [59]

Product reviews

Controversies

See also

References

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