SANTA CLARA, Calif.--(BUSINESS WIRE)--McAfee Inc. today announced that the company has been added to the S&P 500 Index, effective after the close of trading December 22, 2008.
"The decision by S&P to move McAfee into the S&P 500 Index reflects the financial markets’ confidence in McAfee’s ability to deliver on our business strategy,” said Rocky Pimentel, McAfee’s chief operating officer and chief financial officer. “This is a tribute to the dedication of our employees who work hard each day to make McAfee a global leader in digital security.”
Widely regarded as the best single gauge of the United States equities market, the S&P 500 Index includes 500 leading companies in top industries of the United States economy. With more than USD $1.53 trillion in indexed assets, the S&P United States indices have earned a reputation for being not only leading market indicators, but also investable portfolios designed for cost efficient replication or the creation of index-linked products. The history of the S&P 500 Index dates back to 1923, with an expansion to include 500 companies in 1957.
About McAfee, Inc.
McAfee, Inc. is the leading dedicated security technology company. Headquartered in Santa Clara, California, McAfee® delivers proactive and proven solutions and services that secure systems and networks around the world. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector, and service providers with the ability to block attacks, prevent disruptions and continuously track and improve their security. http://www.mcafee.com.
NOTE: McAfee and any additional McAfee marks herein are registered trademarks of McAfee, Inc. and/or its affiliates in the U.S. and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. All other registered and unregistered trademarks herein are the sole property of their respective owners. © 2008 McAfee, Inc. All rights reserved.