McAfee CEO Chris Young told CRN that the security vendor, now separate from Intel, will now look to expand its portfolio by making investments and acquisitions.
With its separation Intel complete, McAfee CEO Chris Young said the security vendor will now look to expand its portfolio, which includes making acquisitions.
In an interview with CRN, Young said McAfee would have «available to us all options» as it looks to build out its portfolio, including building, partnering and buying products.
«One of the benefits of our focus in cyber is that we’re able to put all of our energy around building out our product portfolio … Clearly, there is a fair amount of consolidation happening in our market. It is an active market, and we expect to be an active participant in that as one of the largest and most trusted players in the cybersecurity space,» Young said.
[Related: Intel Security Re-Emerges As McAfee, A $2 Billion Security Company ]
«We will seek to add pieces to that portfolio that we believe are going to help us solve the customer[‘s] problem … Adding pieces to our portfolio both organically and inorganically is what we will be doing when we separate [from Intel] … Stay tuned,» Young said.
