The American information security giant MacAfee is closing its R&D center in Israel

The American information security giant MacAfee is closing its R&D center in Israel, located in Tel Aviv. Company employees have been notified of the intention to close the center soon, and dozens of its employees will be fired. McAfee was issued in 2020 on the Nasdaq and is currently traded at a market value of about $ 7.7 billion. The company raised $ 740 million in the IPO in October last year.
At the end of 2019, McAfee appointed the star Almagor to manage the company's development center in Israel. The company's business operations manager and operations manager in Israel is Yaniv Nizri. The center in Tel Aviv is involved in the development of several of the company's security products such as McAfee MVISION Insights and McAfee Unified Cloud Edge. In 2020, the company also unveiled a series of security solutions in which the center was involved in Israel, including DLP solutions for preventing data loss and managing security events on all devices and networks, on the Internet and in the cloud.