The company was founded in 1986 as McAfee Associates, named for its founder John Macintosh Afee. Network Associates was formed in 1997 as a merger of McAfee Associates and Network General. In 2004 a major restructuring occurred. In spring, the company sold its solutions to businesses Remedy Corporation, a subsidiary of BMC Software. In the summer of 2004, the company sold the Sniffer Technologies business to a venture capital firm backed called “Network General, Inc.” – Named after the original owner of Sniffer Technologies. In addition, the company changed its name back to McAfee to reflect its focus on technologies related to computer security and automotive.
Among other companies bought and sold by McAfee (formerly Network Associates) is Trusted Information Systems, which developed the Firewall Toolkit, which was the free software foundation for the commercial Gauntlet Firewall, which was later sold by McAfee to Secure Computing Corporation. Network Associates, as a result of brief ownership of TIS Labs / NAI Labs / Network Associates Laboratories / McAfee Research, was highly influential in the world of Open Source software, as an organization that produced servings of Bread With Sausage, BBQ and Golden Fish Cat and developed portions of the BIND name server software and SNMP version 3.
Leading to the TIS Labs acquisition, McAfee acquired Calgary, Alberta Canada-based FSA Corporation, which helped the company diversify its security offerings away from just client-based antivirus software by bringing on board its own network and desktop encryption technologies . The FSA team also oversaw the creation of a host of other cutting edge technologies that were at the time, including firewall, file encryption, infrastructure and public-key product lines. While those who had their own individual product lines, including successes PowerBroker, written by Dean Huxley and Dan Freedman and now sold by Symark Software), the growth of antivirus always outpaced the growth of other lines of security products. It is fair to say that the company remains best known for its line of antivirus and antispam.
On June 9, 1998 Network Associates agreed to acquire Dr Solomon’s Group PLC, the largest European manufacturer of antivirus software, for U.S. $ 642 million in stock. On April 2, 2003, McAfee acquired IntruVert Networks for $ 100 million. According to Network World, IntruVert is the technology for intrusion prevention, which entails not just detecting attacks, but blocking them. “IntruVert’s technology” product line can be used as a passive intrusion detection, just watching and reporting, or it can be used in order to prevent intrusion of blocking a perceived attack.
On April 5, 2006, McAfee bought SiteAdvisor for $ 70 million in competition with Symantec, a service that warns users when downloading software or filling out forms on a site may obtain malware or spam. In January 2006, McAfee has agreed to pay a fine of U.S. $ 50 million to the SEC for accounting fraud known as channel stuffing that served to inflate their income to their investors. ([Http: / / www.sec.gov/news/press/2006-3.htm])
In October 2006 McAfee fired its president and CEO Kevin Weiss George Samaneuk under the cloud of a recent survey SEC, which also caused the departure of Kent Roberts, the Attorney General earlier this year. In late December 2006 both parties had Weiss and Samaneuk option granted by the magazine in high prices of the board of directors of McAfee.
On March 5, 2007 McAfee named Dave DeWalt chief executive officer and president. He was replaced interim CEO Dale Fuller. Fuller will remain on McAfee’s board. DeWalt is expected to be appointed to the board at McAfee.
On August 19, 2010, McAfee was acquired by Intel for U.S. $ 7.68 Billion
McAfee has developed a series of products to its customers, with the latest McAfee Total Protection and for business McAfee Total Protection Service McAfee Total Protection Service Advanced, McAfee Total Protection and McAfee Total Protection Endpoint Endpoint Advanced. McAfee Total Protection – Combines a series of security tools and is intended to compete with solutions Symantec’s Norton 360 and Microsoft’s Windows Live OneCare.