Mcafee vs Symantec

August 05, 2023 | Author: Michael Stromann
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Mcafee
McAfee is owned by Intel. Delivering proactive and proven security solutions and services that help secure systems and networks around the world, Intel Security protects consumers and businesses of all sizes from the latest malware and emerging online threats. Our solutions are designed to work together, integrating anti-malware, antispyware, and antivirus software with security management features that deliver unsurpassed real-time visibility and analytics, reduce risk, ensure compliance, improve Internet security, and help businesses achieve operational efficiencies.
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Symantec
Symantec Enterprise Cloud delivers data-centric hybrid security for the largest, most complex organizations in the world – on devices, in private data centers, and in the cloud.
McAfee and Symantec are both well-known and established cybersecurity companies that offer a range of products and services, but they differ in their approach and product offerings. McAfee is known for its comprehensive security solutions that cover a wide range of platforms and devices. It offers antivirus software, firewall protection, identity theft protection, and other cybersecurity features. McAfee emphasizes ease of use and provides user-friendly interfaces for managing security across multiple devices. On the other hand, Symantec, now part of Broadcom, offers a suite of cybersecurity products under the Norton brand. Norton products are known for their strong antivirus and anti-malware capabilities, as well as features like secure browsing, password management, and backup solutions. Symantec focuses on providing robust protection for home users and small businesses.

See also: Top 10 Antivirus Software
Mcafee vs Symantec in our news:

2021. Investor consortium to acquire McAfee for $14B



In a fascinating development, cybersecurity software company McAfee has taken a new turn as an investor consortium comprising six investment firms has announced its acquisition of the company for a staggering $14 billion. Each member of the investor group will contribute financial and operational resources, although the exact details of how this collaboration will unfold remain somewhat unclear. With multiple companies involved, McAfee will undoubtedly have to navigate through a complex managerial landscape. It is noteworthy that the deal includes a "go shop" provision, a common practice that grants McAfee a 45-day period to explore potential alternatives and potentially secure a better offer. While the likelihood of a superior proposal is minimal, this provision assures shareholders that the company has pursued the best possible deal on their behalf.


2021. McAfee sells its enterprise business



Security company McAfee has announced the sale of its enterprise business to a consortium led by private equity firm Symphony Technology Group for a staggering $4 billion. This strategic move aligns nicely with the acquisition of RSA, another enterprise-focused security company, which the private equity firm bought for $2 billion in February last year. McAfee's President and CEO, Peter Leav, explains that the company has made the decision to shift its focus and allocate resources towards the consumer side of the business.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com