MCFE News and Press, McAfee Corp. From 03/08/21

McAfee Corp. (NASDAQ: MCFE) reported entry into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group in an all-cash transaction for USD 4 Billion.  The transaction is anticipated to close at the end of 2021, subject to ce...

Shares of cybersecurity company McAfee (NASDAQ: MCFE) soared on Monday after the company announced it's selling the enterprise side of its business to double down on the consumer side. As of 12:45 p.m. EST, McAfee stock is up 14%. McAfee's revenue in 2020 was split fairly evenly...

NortonLifeLock (NLOK) rose 3.1% after a report that McAfee (MCFE), which today announced it would sell its enterprise business for $4b, may see NLOK as a potential acquisition target. McAfee gained 9.9%.McAfee will now be a pure play cybersecurity firm and Dealreporter speculates th...

McAfee (MCFE) has entered into a definitive agreement to sell its Enterprise business to a Symphony Technology Group-led consortium for $4B in cash. The sale allows McAfee to become a pure play consumer cybersecurity company.The Enterprise business had $1.3B in net revenue in FY20.The tr...

McAfee will become a pure play consumer cybersecurity company McAfee expects to issue a $4.50 special dividend per Class A share and reduce debt by ~$1 billion upon transaction close McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, today announ...

McAfee (NASDAQ: MCFE) posted strong fourth-quarter results last week, boosted by its consumer segment. And with its broad and updated offering, the company should keep profiting from the increasing need to protect enterprises and individuals from cybersecurity threats. Given suc...

McAfee Corp. (NASDAQ: MCFE), the device-to-cloud cybersecurity company, today announced that Peter Leav, president and chief executive officer at McAfee, will be presenting at the Morgan Stanley 2021 Global TMT Conference. Presentation details: Morgan Stanley 2021 Global TMT Confe...

The cybersecurity industry expects to see tremendous growth in the next decade. Therefore investors should consider adding McAfee Corp. (MCFE), Radware Ltd. (RDWR), Qualys Inc. (QLYS), Proofpoint Inc. (PFPT), and Norton Lifelock Inc. (NLOK) to their portfolios. The digital age is here, a...

Are These Software Stocks Worth Buying Right Now? Software stocks are one of the best performers of the year so far. Given how they have proliferated from businesses shifting online, it comes as no surprise. With digital acceleration happening at unprecedented speeds, the demand...

Saying the "security franchise looks to be in better health than even we thought," Deutsche Bank upgrades McAfee (MCFE) from Hold to Buy and raises the price target from $20.50 to $23.50.The firm notes that revenue accelerated 23% in Q4 and expects outperformance to continue as PC s...