The cybersecurity company was once listed on NYSE, before an acquisition by Intel and a subsequent spinoff, and has now put a $100m placeholder figure on its planned IPO.
McAfee, a US-based cybersecurity firm spun off from semiconductor producer Intel, filed for a $100m initial public offering on Monday to trade on the Nasdaq Global Select Market.
The company has not yet set any terms for the offering.
Founded in 1987 as McAfee Associates, the company produces cybersecurity technology such as antivirus software and endpoint protection for consumers and enterprise clients.
Intel took McAfee private for $7.7bn in 2011, rebranding it as Intel Security in 2014. The corporate…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
