"consortium led by STG Partners, a private equity investor"
Here comes the price hike for locked-in RSA customers!!
Dell Technologies is flogging its infosec business RSA for $2.075bn as it tries to reduce its longstanding debt. The sale, rubber stamped today, was made to a consortium led by STG Partners, a private equity investor that specialises in tech; Ontario Teachers' Pension Plan Board; and Dutch private equity group, AlpInvest …
Intel-owned McAfee has considered an IPO and a tie-up with NortonLifeLock...
McAfee split up with Intel after a few years of (corporate) wedded bliss and has been an independent company since April, 2017. Intel still owns 49% of its stock, so it maintains some control over it, but that's not the same as falling under the same corporate governance. It is interesting that other articles give the same attribution (e.g. https://www.marketwatch.com/story/nortonlifelock-approached-by-intels-mcafee-and-private-equity-firms-2019-12-09).
Not the first time (4th, 5th?) i've seen this mentionned in purchases of substantial assets.
They must have some portfolio by now. I wouldn't have thought there are a particularly large number of Ontario teachers, past and present, to provide for, must be some decent pension pots in there?