Intel spins out McAfee security unit in private equity deal with TPG

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Intel spins out McAfee security unit in private equity deal with TPG

McAfee: bought by Intel for $7.7bn, now valued at $4.2bn in private equity spin-out

Semiconductor giant Intel has spun out its Intel Security business to private equity firm TPG in a deal that values the business at $4.2bn - $3.5bn less than Intel paid for it six years ago. Intel will...

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