HALISTER: Intel, TPG to Invest in Cybersecurity Spin-Out Valued at $4.2b

Intel, TPG to Invest in Cybersecurity Spin-Out Valued at $4.2b

(Bloomberg) -- Intel, TPG to jointly invest in spin-out of Intel Security in a transaction valuing the business at $4.2b.
  • TPG to own 51% of new co., which will be named McAfee
  • NOTE: Earlier, Intel Said to Near Sale of McAfee Unit to TPG: CNBC/DJ
  • Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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INTC US (Intel Corp)

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