Intel has sold more than half of its stake in McAfee, the security outfit it acquired in 2010 for $7.68 billion, and will not support the brand as a standalone company. The deal makes McAfee one of the largest pure-play cybersecurity firms in the world. Upon closing the transaction, McAfee CEO Christopher D. Young wrote an open letter to Intel

Source: Hot Hardware – Intel Pivots Its Cybersecurity Play Spinning Off McAfee As A .2B Standalone Company