On the Record · McAfee
McAfee acquisitions, on the record
The businesses McAfee bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
TunnelBearWord for word“For example, in fiscal 2018 we bolstered our consumer VPN offering through our acquisition of TunnelBear and expanded our investment in our cloud-based solutions through our acquisition of Skyhigh Networks.” 10-K for 2020 | acquisition | in fiscal 2018 | — |
Skyhigh NetworksWord for word“For example, in fiscal 2018 we bolstered our consumer VPN offering through our acquisition of TunnelBear and expanded our investment in our cloud-based solutions through our acquisition of Skyhigh Networks.” 10-K for 2020 | acquisition | in fiscal 2018 | — |
NanosecWord for word“In fiscal 2019, we acquired Nanosec and Uplevel, and in the first half of fiscal 2020, we acquired Light Point Security, all to enhance certain of our enterprise product offerings.” 10-K for 2020 | acquisition | in fiscal 2019 | — |
UplevelWord for word“In fiscal 2019, we acquired Nanosec and Uplevel, and in the first half of fiscal 2020, we acquired Light Point Security, all to enhance certain of our enterprise product offerings.” 10-K for 2020 | acquisition | in fiscal 2019 | — |
Light Point Security, LLCWord for word“In fiscal 2019, we acquired Nanosec and Uplevel, and in the first half of fiscal 2020, we acquired Light Point Security, all to enhance certain of our enterprise product offerings.” 10-K for 2020 | acquisition | in the first half of fiscal 2020 | — |
network firewall, email, and vulnerability management businessesWord for word“Over the years, we have invested in new routes to market and partnerships for the consumer business, and rationalized our enterprise portfolio by divesting our network firewall, email, and vulnerability management businesses to reorient our focus and resources to products that align with our device-to-cloud strategy.” 10-K for 2020 | divestiture | — | — |
Enterprise BusinessWord for word“On July 27, 2021, we completed the sale of our Enterprise Business to STG, pursuant to a Contribution and Equity Purchase Agreement (the “Purchase Agreement”) entered in on March 6, 2021 between McAfee, LLC (“US Seller”) and McAfee Security UK LTD (“UK Seller” and together with US Seller, the “Seller Entities”) and Magenta Buyer LLC, organized by a consortium led by STG, in exchange for (i) $4,000,000,000 in cash consideration and (ii) the assumption of certain liabilities of the Enterprise Business as specified in the Purchase Agreement.” 10-K for 2021 | divestiture | On July 27, 2021 | $4,000,000,000 in cash consideration |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-29 | $615 million | — |
| 2019-12-28 | $2 million | $0 |
| 2020-12-26 | $5 million | $0 |
| 2021-12-25 | $0 | — |
Deal filings since 2016
- 2022-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from McAfee’s annual reports (10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2022-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.