Cybersecurity firm McAfee to be sold for more than $14bn

Cybersecurity firm McAfee to be sold for more than $14bn

US cybersecurity firm McAfee announced on Monday it will be sold to a group of investors for more than $14bn, just over a year after going public. The consortium led by Advent International Corporation and Permira Advisers will pay about $12bn in cash to acquire all of McAfee’s outstanding shares, with the cost rising to more than $14bn when the company’s debt is added.