Intel has made the decision to sell off a majority stake in its security software arm, which was previously known as McAfee, to the private equity firm TPG. In 2010, the chip maker acquired the security software company for $7.6 billion and then four years later it decided to do away with the McAfee name entirely in favor of Intel Security. TPG, which will own 51 percent of the company after the sale, will be reverting the company name back to McAfee, likely due to the security software being a household name and having a large user base. According to… [Continue Reading]