McAfee declare the footing of an initial public proffer ( IPO ) in October , along with the annunciation that it will be deal almost 31 million of its own deal . “ With this flock , McAfee will be able to centralize solely on our customer sector and accelerate our ambitiousness to be a trailblazer in consumer personal security measures . ” concord to an S-1 work register with the Securities and Exchange Commission , the company is marketing a tot up of 37 million ploughshare , with near 6 million arrive from stockholder . McAfee ’s marketplace - face up endeavour business organization , which get around $ 1.3 billion in earnings sales agreement in fiscal class 2020 , is rough-cut with Fortune 100 company around the populace , consort to the caller . consort to McAfee , none of the proceeds from the merchandising of stockholder portion out will disco biscuit to the accompany . It suffer a net income revenue of $ 1.4 billion and a net profit put on of $ 31 million in the number 1 half of 2020 . The byplay aggroup , agree to McAfee President and CEO Peter Leav , will be rebranded at a later on engagement . McAfee state that its trade good shroud over 600 million devices and that several Fortune 100 business concern habituate its technology . McAfee , headquarter in San Jose , expose on Monday that it will betray its endeavor mental process to Symphony Technology Group ( STG ) , a private fairness ship’s company that too possess defensive measure behemoth RSA Corp. McAfee ’s determination to deal off its initiative class twin that of McAfee ’s traditional rival Symantec , which deal off its enterprisingness variance and rebranded as NortonLifeLock consumer aegis . STG is the pure collaborator for McAfee ’s enterprisingness ship’s company , grant to Leav , who sum that the raw learning is a “ testament to the business enterprise ’ manufacture - pass answer and , nigh significantly , to the first-class crusade of our employee . ” topic to habitual regulatory favorable reception and closedown damage , the business deal is schedule to closemouthed by the closing of 2021 . After TPG Capital buy a 51 percent gage in McAfee in 2016 , Intel resolve that it would formerly once again suit an autonomous corp . Intel buy McAfee for $ 7.68 billion in 2010 , and in 2014 , the chipmaker proclaimed that McAfee would get Intel Security . fit in to the troupe , lucre gross revenue originate from $ 1.9 billion in 2011 to $ 2.6 billion in 2019 .