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Spinoff articles

Intel sells majority stake in McAfee security business

Intel as anticipated has sold a majority stake in its cybersecurity business to private investment firm TPG. As per the deal, Intel Security will be spun off into an independent cybersecurity company that’ll once again take on the McAfee name. …

HP rethinking PC unit spinoff, report says

Hewlett-Packard is said to be rethinking its plan to spin off their personal computer business after new analysis indicated the cost of such operation might outweigh the benefits. According to a report in The Wall Street Journal, citing people familiar…